commodities
Oil Is Little Changed as Investors Seek Alternatives to Stocks - Bloomberg
July 4 (Bloomberg) -- Crude oil was little changed in New York after rising to a record yesterday as investors purchased commodities as an alternative to flagging equities markets. Oil climbed to an all-time high of $145.85 a barrel as money managers ...
First, Kill All the Speculators
Yes, I realize the original Shakespeare line was lawyers and not speculators. But, those who seem to think that it is merely those evil speculators who are keeping prices high do not understand how markets work. Futures contracts enable commercial consumers and producers of commodities to hedge. Air ...
Oil Rises to Record Above $141 as Investors Buy Commodities - Bloomberg
June 27 (Bloomberg) -- Crude oil rose to a record above $141 a barrel in New York and gold advanced as falling stock markets spurred investment in commodities. Oil prices have gained almost 50 percent this year and gold 10 percent as recession ...
Exclusive - Goldman heavyhitter seen joining Wall St. rival as head of commodities in Asia
A senior Goldman Sachs commodities executive has reportedly resigned to join a rival investment bank as head of commodities for Asia.
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