Tag Archives: commodities

Commodities are crashing to 13-year lows as investors dump gold ahead of Fed rate hike

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The rout in commodities deepened with prices at risk of the lowest close since 2002 because the prospect of higher U.S. rates of interest sent gold tumbling. Gold plunges to lowest since 2010, piling pressure on miners already facing razor-thin margins If gold prices remain below $1,100 for any prolonged period, analysts warn more mine closures are inevitable. Read on ...

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Don’t confuse commodities hoarding as a sign of a market turnaround

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Canadian investors did pretty much during the rising tide of commodities prices a decade ago, but they are looking for signs of hope these days. With the S&P/TSX energy index down 20 per cent on the year, and the metals and mining index down by nearly a quarter, they could certainly play one or two. Maybe investors can easily put ...

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