by Stuart Burns on February 6, 2012
Style: Market Analysis
Category: Commodities, Global Trade, Non-ferrous Metals
Keywords: China, Commodities, EU, Gold, metals, Silver, Steel, Zinc
A report in the FT notes the Chinese manufacturing sector has made a surprisingly strong start to the year, as the purchasing managers index (PMI), an important gauge of factory growth, rose to 50.5 in January from 50.3 a month earlier. The result helped underpin recent strength in metals prices, Standard Bank wrote in a [...]
Even though Eastman Kodak has declared bankruptcy, there is just enough industrial demand being mustered in the solar panel, battery and conductor sectors, not to mention investment in ETFs and physical metal, to give the silver price its best start in a new year since 1983. According to a recent article in Bloomberg BusinessWeek, silver [...]
Anni Albers was a student at the The Bauhaus in Dessau, Germany. In 1933 she taught, by invitation, at Black Mountain College in North Carolina until 1949. Albers focused on weaving design and production in the 1950s, and became known for her textile patterns, which she transformed into colorful tapestries. Anni Albers’ “Intersecting”, 1962, cotton [...]
The current silver market illustrates the value of spread betting as an indication of future price trends. Of course, this depends on the herd mentality holding sway — that a growing number of long bets means the price will rise and a growing number of short bets means it will fall. But by the very [...]
Source: blog.pennlive.com Not sure if Gollum has a portfolio for his precious (metals, that is), but if he did, he’d be reading MetalMiner. More to the point, if he institutionally invested in funds physically backed with gold, silver, platinum and palladium, or if his company had a significant silver or PGM buy, Gollum would definitely [...]
Two days ago, a friend of mine dropped me a note asking me what I knew or had heard about a rehypothecation scandal involving metals or industrial metals. Rehypothecation? I’m supposed to know what rehypothecation means? Quick check on Wikipedia — ah yes: “Rehypothecation is a practice that occurs principally in the financial markets, where [...]
Carlos Rolon, a.k.a Dzine, is a Chicago-based artist whose mixed-media works demonstrate an eclectic craft and visual languageâ€or, as he put it: “A mixture of sculpture, paintings, and installation, the works reside in an imaginative, kaleidoscopic, and meticulous world. His studies of bikes are striking in these qualities of the “imaginative, kaleidoscopic, and meticulous. Bike [...]
Just the other day, the New York Times reported that the remotely operated vehicles (ROVs) of Tampa, Fla.-based Odyssey Marine Exploration discovered 20 tons of silver on a shipwreck under the North Atlantic. In today’s silver prices (around $32 per ounce), that comes to roughly $18 million worth of the white metal. The silver-laden shipwreck [...]