Copper

As one of the richest people in the world, Bill Gates can pick and choose how to spend his fortune. One unique item owned by Gates is in his office and a centerpiece of discussion for those lucky enough to see it. Many people have no idea it exists. What Happened: Over the years, many have come to...

We typically go to the doctor's office for checkups or when we have a health issue, not for financial advice. But, there’s one doctor that may have a significant impact on your investment account: Dr. Copper. Dr. Copper is a nickname that investors and economists have given to the...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk says no change in copper production is “required for the transition to sustainable energy.” What Happened: Musk made the comments on Twitter on Sunday in response to a post  that said that for “green technologies to scale up, the world...

Copper, which has historically been considered a leading sign of economic health, has had a difficult year as macroeconomic and geopolitical activity has slowed global demand. As China recently loosened its long-standing COVID limitations, enthusiasm in the reddish-orange metal has resurfaced,...

The iShares MSCI Global Select Metals & Mining Producers ETF (BATS: PICK) is down roughly 16.53% year-to-date. Despite being down, it was considerably better than the S&P 500 down nearly 21% year-to-date. This ETF offers access to the global mining industry through an...

By Christopher Guérin, Chief Executive Officer of Nexans Despite living in the 21st century, the world’s electrical grid is far from modern. The upgrade of the current electrical infrastructure coupled with increasing demand for electricity will create the largest energy crisis since...

The rising price of metals including nickel and copper has led to a unique valuation of the metal contained inside common U.S. coins. What Happened: The price of nickel has soared in 2022. The commodity is now worth $37,200 per ton as of Friday. The price of nickel is up over 130% in the last year...

Copper prices are one useful, under-the-radar indicator for investors to use as a gauge of U.S. economic health. Despite downward pressure on stock prices so far in 2022, copper prices have held up relatively well, a trend that has been reflected in the strength of underlying U.S. economic numbers...

New Gold Inc (NYSE: NGD) shares gained more than 10% on Friday after the company reported a third-quarter earnings beat, but at least one analyst remains skeptical of the gold producer’s long-term upside. The Analyst: Bank of America analyst Michael Jalonen reiterated his Underperform rating...

China’s Contemporary Amperex Technology Co. Limited or CATL, a battery supplier to Tesla Inc. (NASDAQ: TSLA) and Nio Inc. (NYSE: NIO), is exploring acquiring a nearly 10% stake in Chinese miner Jinchuan Group International Resources Co., Bloomberg reported Wednesday. What Happened: CATL could...

Another busy week for investors and traders ahead in terms of eco-data earnings and overall potential market movers. Let’s take a market minute to get ahead of what’s to come. Investors and traders are exhibiting a bit of caution tied to concerns related to COVID infections on the rise...

Copper prices rose on Monday on concerns about disruptions to supply in Chile alongside Chinese demand showing signs of picking up, according to Bloomberg. What Happened: Workers union at BHP Group’s (NYSE: BHP) operations center in Santiago rejected the company’s final wage offer...

The inflation trade is crowded. That’s Wall Street talk meaning that if everyone has the same idea, it can’t be a good one. Investors have been getting into copper stocks as a way the hedge against inflation. If inflation rises, so will the value of copper and so will the value of these...

Bloomberg this weekend reported on the boom that is taking shape in the commodities markets. What Happened: Investors are moving from the bull market in stocks to areas further afield in search of returns in a very-low interest rate environment. "Commodities haven’t been this sexy since...