Recent content by mariorot

Lead is at a year-low currently, but poised to rise on global shortages. Demand for lead has gone up every year for the past 5 years as the metal is a crucial part of industrial batteries. Wolrdwide stockpiles dropped 7.6% since October 2011 when lead prices reaches an all-time high. Analysts...

Iraq Oil Output Looks to Exceeds Iran – First Time In 24 Years Iraq is pumping out oil at the highest rate since Saddam Hussein’s era. This production is being led by foreign partners like Exxon Mobil and British Petrolium. They are developing new oil fields and renovating older wells. The...

Gold Prices Continue to Fall over European Debt The price of gold rose steadily this year, but has since falling to the same level as early January. Europe’s debt crisis isn’t going away, and political instability is on the rise in many countries. France has a new socialist government, Italy...

Gold Falls as Investors Buy Dollars : Gold investors are the least optimistic in 5 weeks as due to political problems in Europe. All gains of 2012 have been lost recently as investor turn to USD seeing stronger-than-expected US economic growth. Gold had risen 14% percent to $1,792.70 by Feb...