By Heather Matthews – exclusive to Lead Investing News Base metals are continuing a downward spiral as the market reacts to the federal bailout plan and the general atmosphere of caution and unease. Base metal prices dropped on Wednesday, as September retail level reports (U.S.) were revealed, detailing reduced purchasing by consumers. After the report [...]
Continue reading "Zinc and lead tumble as base metals fall"
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"
Friday, September 19, 2008
By Heather Matthews - Exclusive to Lead Investing News Current market climate Zinc metal and lead metal spot prices are rising despite significant fear and panic in the investing world. Following the bankruptcy of Lehman Brothers World Investment Bank, and the Federal Reserve bailout (85 billion) of AIG, many analysts are predicting that more banks will [...]
Continue reading "Lead and zinc spot prices rise despite market crash"
Monday, September 15, 2008
By Heather Matthews – Exclusive to Lead Investing News Current market climate Shockwaves are running through global commodities markets as America faces one of its worst stock market crash since the Great Depression. The American housing market crisis has left many firms unprotected and over-leveraged: the bankruptcy of global investment bank Lehman Brothers has created [...]
Continue reading "Stock market crash affects lead and zinc spot prices"
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Thursday, October 16, 2008