At a time when gold and silver are tumbling the most in three decades, hedge funds are holding a near-record bullish bet on palladium as forecasters from Morgan Stanley to Credit Suisse Group AG predict years of shortages.
Ten years ago, Benoit Gascon would have said there's no money in graphite investment. But the former CEO of the only North American graphite producer to survive Chinese competition has changed his tune, thanks to increasing graphite consumption in China and India.
The US dollar and stock index futures frowned upon the GDP estimate and headed lower. The development may give gold players another chance at trying to go for the assault on the $1,660-$1,675 resistance area.
Metals prices generally have benefited from recent strikes in Chile and South Africa. Any gold miner will now tell you that his biggest headache is the rapidly rising cost of production, from labor to the cost of heavy industrial tires.
Finding experienced teams could be elusive in the rush to capitalize on growing demand for heavy rare earth elements but the Energy & Scarcity Investor and Outstanding Investments editor unearths companies that can deliver the goods.
Some price weakness continued to remain manifest in gold, and to a lesser extent in other precious metals, as the second trading week of 2011 got underway overnight. The near 4% loss in gold's value last week is also being tied to euro woes.