Platium

Mark J. Lundeen Market Outlook

Markets on the Edge of Something Big Mark J. Lundeen In Early May, some potentially big things are happening that I want to bring to your attention. First, it appears that gold’s bear box is terminating. Remember, the step sum is a market sentiment indicator, and since February the price of gold has [...]

Best Mining ETF’s XME, REMX, URA

A fresh look at Mining ETF’s, time to rotate? XLB, XME, REMX, URA, LIT, ALUM As the World economy continues to grow, the basic materials sector has lagged a bit in Y 2012. So let’s have a fresh look at it as Basic Materials are a Key sector in a Bull Market IMO. The broad [...]

ASEAN News: Knightsbridge Law Extends Operations to Myanmar

Knightsbridge Law Extends Operations to Myanmar Changes in Myanmar have seen the very beginning of an Economic Boom as investment, taxation and commercial laws have been changing. Resource rich Myanmar is set to see unprecedented economic growth and the need for quality Legal, Lobby and Financial services has brought Knightsbridge Law to the country as [...]

Mining Law Asia Update: Australia, Indonesia, Philippines, Myanmar

Mining Law Changes: Australia, Indonesia, Philippines The Philippine government intends to impose far heavier taxes and tougher environmental restrictions on the mining industry, President Benigno Aquino said Tuesday Aquino told AFP in an interview a review of the country’s mining policies was close to being finished, and the government would likely require all mining companies [...]

Gold Moves Higher in Asia

Spot gold rose as much as 0.3 per cent to $US1,665.18 an ounce, and was at $US1,663.28 at 10:16 a.m. in Singapore. The metal fell 3.1 per cent last week, touching $US1,634.53 on March 14, the lowest price since Jan. 16. Holdings in exchange-traded products, which hit a record 2,410.186 metric tons on March 13, [...]

Better Fundamentals Lift Commodity Prices

Credit Suisse Group AG (ADR)(NYSE:CS) Nelson Louie, Global Head of Commodities in Credit Suisse Group AG (ADR) (NYSE:CS) Asset Management division, said, “Commodities were generally supported by an improved macroeconomic environment in February. The economic data released towards the end of the month highlighted continued gradual improvement in global growth momentum, which is supportive of [...]

Gold-Platinum Gap Narrows

Gold-Platinum gap narrows on demand prospects Some players in Gold have left Gold to return to the stock market. The DJIA this week closed above 13,000 for the first time since May 2008. Industrial metals, including Copper and Aluminum, turned higher this year on improving economic prospects. The worries that the EuroZone debt crisis would [...]

CME (NYSE:CME) Revenue to Fall as Trading Drops

CME (NYSE:CME) February daily Trade down 13% vs. last year CME Group Inc.’s daily trading volume fell 13% in February over a year- earlier period that hosted particularly strong trading volume due to a wave of unrest in the Middle East and North Africa. Daily volume at the world’s largest futures market operator averaged 12.8-M [...]

Glenstrata to Face the Regulators

Glencore faces European Commission antitrust scrutiny Commodities trader Glencore’s (LN:GLEN) takeover of mining group Xstrata (LN:XTS) will face European Commission antitrust scrutiny, the companies said Friday, kicking off a Global regulatory process that could take many months. In a statement that follows a period of negotiation, the 2 firms involved in the proposed US$90-B combination [...]

Read More » No comment February 27, 2012

Gold, Platinum, Palladium Futures

U.S. gold futures are set for an over 3 percent gain so far this week, which would be their largest weekly rally since late January. The expiry of March COMEX options in New York on Thursday also lifted gold futures prices. Wednesday’s rally brought some hefty strikes into the money, with most open interest at [...]

Read More » No comment February 23, 2012

Investor Services

Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …