By Heather Matthews – Exclusive To Lead Investing News Lead spot prices remained unchanged on the London Metal Exchange (LME) as the Dow Jones plunged 700 points today. Investors raced to unload stocks as widespread fears about the current financial crisis continued. Lead is currently priced at 0.7406 (low) to 0.7497 (high), with no changes [...]
Continue reading "Lead prices stable as Dow Jones plunges"
Monday, October 6, 2008
By Heather Matthews – Exclusive To Zinc Investing News Despite the passing of the $700 billion Treasury bailout plan, investor confidence remains extremely low as sellers are choosing to offload commodities, including zinc metal and lead metal, at a rapid pace. As of October 6/08, spot prices for zinc and lead have plunged 4.53 and [...]
Continue reading "Commodity sell-off affects zinc & lead"
Monday, September 29, 2008
Current Market Climate: Today, Congress met to discuss further revisions to the proposed 700 billion dollars bailout plan, designed for the buyout of bad debts by the U.S. Treasury. Senator Chris Dodd, (D-Conn.) has been instrumental in putting together the bailout plan and explaining its merits to Congress. According to proponents of the [...]
Continue reading "ZINC & LEAD REMAIN STABLE AS MARKETS RISE"
Monday, September 8, 2008
By Heather Matthews – Exclusive to Lead Investing News Current market climate Over the past nine months, zinc and lead spot prices have declined 26 per cent as a result of a long-term market surplus that has negated demand for the base metals worldwide. The impact of this surplus is manifesting itself in myriad forms [...]
Continue reading "Market surplus continues to affect lead"
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Friday, October 10, 2008