Group items tagged

- The price of commodities has been going up and down the past week as negotiations over the U.S budget continues. - Oil rose while natural gas fell. Silver rose 2%, gold raised $10.70, copper gained 6.8 cents, palladium ended up at $12.25 and platinum gained $7.80 - Investors are hoping a new budget is agreed upon so that tax doesn't increase - There is a possibility that the economist believe that U.S could be pushed back into recession if a budget is not agreed upon. - During the second quarter, the economy grew at a faster rate than initially thought by the commerce department. - More Americans starting buying homes due to the job gains and low mortgage rates. The National Association of Realtors said an index measuring pending contracts to buy homes jumped last month.

do you think that the new budget will make a difference in the commodities prices ?

Queensland resources council conducted a study that showed the mineral and energy has once again has increased its economic contribution to the state. resource companies have created 36 billion in gross regional product, due to gas and coal companies. it is a smart decision that auzi started to investing in producing a wide range of commodity resources. since the coal market struck a high. The challenge now is to ensure that there is a strong pipeline of projects across all commodities to sustain and grow the resources.

Question Do you think a country like Aus would have more success investing in resources and commodities than Canada?

The S&P/TSX composite index fell 87.49 points to 12,453.32, giving back a good-sized chunk of last week's gain of almost two per cent, while the TSX Venture Exchange added 0.74 of a points to 1,228.96. The energy sector was down 0.8 per cent with the February crude contract on the New York Mercantile Exchange down 26 cents to US$92.83 a barrel. Suncor Energy (TSX:SU) shed 35 cents to C$33.22 and Talisman Energy (TSX:TLM) was 24 cents lower to $11.65. The gold sector slipped about 0.7 per cent February bullion fell $3.40 to US$1,645.50 an ounce. Agnico Eagle Mines (TSX:AEM) faded 79 cents to C$49.60 and Centerra Gold (TSX:CG) declined 14 cents to $9.20.

Canadian Natural Resources Ltd. and Suncor Energy Inc. added at least 0.9 percent as crude rose to a three-month high. Yamana Gold Inc. gained 4.5 percent as gold rose the most in six weeks. The market today is moving primarily on the Chinese data, so gold is up and crude is up which is very good for the Canadian market," said John Kinsey, fund manager with Caldwell Securities Ltd. in Toronto. His firm manages about C$1 billion ($1.01 billion). "Those are the two areas that have been dragging." Yamana climbed 4.5 percent to C$17.06 and Eldorado Gold Corp. advanced 3.3 percent to C$12.61 as gold futures for February delivery gained 1.4 percent to $1,678 an ounce in New York, the biggest gain for a most-active contract since since Nov. 6.

The S&P/TSX composite index rose 70.06 points to 12,404.40, as key commodities prices moved higher. The TSX Venture Exchange gained 2.11 points to 1,178.11. March copper declined about four cents to US$3.61 a pound while February gold bullion moved ahead $3 to US$1,673.70 an ounce. In Europe, the FTSE 100 index of leading British shares was up 0.6 per cent at 5,968 while Germany's DAX rose 0.2 per cent at 7,667. The CAC-40 in France was 0.4 per cent higher at 3,661.

The firm acquired 180 oil and gas wells, 150,000 net acres in mineral leases, a gas processing facility and a 262-mile gas gathering system from Houston-based Patara Oil & Gas, it said in a press release. Dubin was listed as number 285 on the Forbes 400 list of billionaires in September 2012 with a net worth of $1.7 billion; Tudor was number 108 on the same list, with $3.6 billion.

1. Can you use the economic concepts to explain what is happening in the rare earth market? (Hint: Supply and Demand determinants, the relationship of supply and demand etc. Feel free to use other concepts.) 2. Can you explain what type of interventions the government is using to solve the negative externalities in this case. What may happen in the market as a result?

1. Is it fair and better for organic food "businesses" to undergo their own inspections or should the government be responsible for our food safety? 2.The market failure mentioned in this article is an informature market failure. The definition of an informature market failure is when one side of the market has more information than the other. What are some visible solutions to this market failure?

* It is not fair for organic food companies to inspect their own products since they will obviously never reveal anything bad that could potentially damage the company. It would be like a student marking his own quiz or test, they would do anything they could to benefit their mark. This is why governments should be responsible for our food safety. * A visible solution would be that companies must to share all the information they are aware of with the consumers.

1. It would not be the best idea for businesses to inspect their own food because there is a high possible margin of bias and committing unethical acts such as labeling their foods safe when they aren't are likely to occur. The government should be responsible because they would inspect each business in the same manner without bias and utilize the same procedures, ensuring fair inspections. 2. Visible solutions to this market failure would include sharing product information and inspection information to all producers and consumers.

February crude was up 96 cents at US$94.24 a barrel and the energy sector was down 0.35%. Canadian Natural Resources (TSX:CNQ) gave back 35 cents to C$28.74. The gold sector was off about 0.4% while February bullion declined 70 cents to US$1,683.20 an ounce. Barrick Gold Corp. (TSX:ABX) faded 34 cents to C$33.69.

This is a article about a new hybrid car, that should work in favor with the spiking of the oil prices.