Archive | September, 2005

Debating the Outlook on Uranium

By Jon A. Nones – St. LOUIS ( — James Dines, Editor of the Dines Letter, says uranium stock is in a screaming uptrend and will continue due to increasing world demand. Analyst Paul van Eeden says the uranium market is burdened with instability because of the potential for enrichment and an outdated supply-demand curve. […]

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Dubai Commodities Exchange overwhelmed by membership applications

The Dubai Gold and Commodities Exchange (DGCX), the world’s newest electronic commodities derivatives exchange, has announced that it had received an overwhelming response with over 230 applications for exchange membership since it opened up for membership less than two months ago. DGCX has been accepting applications for Broker Membership and Precious Metals Trade Membership since […]

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USDA predicts lower farm income in 2005

Earlier last week, the USDA reported that farm operators were forecast to earn $71.8 billion of net farm income in 2005, following two years of record income of $59.5 billion in 2003 and $82.5 billion in 2004. Income is forecast down in 2005 only because it rose by $23 billion to an unprecedented level in […]

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Metals exchanges want buyers to use futures to hedge

By Tom Stundza – LME and Nymex may push steel into world-trading spotlight Since steel is sold directly by the mills to large customers or through such middlemen as metal service centers, steel buyers have few mechanisms to manage risk during periods of price volatility. The price of hot-rolled sheet in coil—the most common steel […]

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The myth of China Inc

from The Economist – AS HU JINTAO, China’s president, flies to America this month, commercial ties between the two countries are at a new low. Alongside tensions about China’s currency, its growing trade surplus with America and intellectual-property theft, is a new concern: the aggressive international expansion of China’s corporations. In Washington, the $18.5 billion […]

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