Ukraine is facing a potential shortage of coal supplies just as it finds itself in the icy grip of winter.
Ukraine Mining News
On August 28th while the geographical area formerly known as Iraq descended further into chaos, President Obama announced to the world "We don't have a strategy, yet."
The current stock market is earning a deserved reputation as being coated in Teflon. Bad or disappointing news just doesn't appear to stick, and has done nothing to slow the market's upward trajectory.
U.S. data showed stronger-than-expected Q2 growth.
Conflict forcing coal mines to cut output, close.
Tax promises to cripple new energy sector investment.
Near one-month high on chaos in Iraq, threats of Russian invasion of Ukraine and a sharp pullback in equities.
Host of competing factors trap precious metal.
Emerging markets may give support going forward.
Event increases global tensions and demand for safe-haven metal.
U.S. data, ECB meeting also in spotlight.
After months of debate the outcome is that supplies have been “reduced to zero.” The news failed to lift demand for coal.
At the end of 2013, I was very bullish on uranium as I believed the end of the 20 year Russian Nuclear Agreement would spark a rally as utilities would have to buy in the spot market.
Separatists seized Thursday four Ukrainian coal mines in the east of the conflict-torn country.
Despite a mainly negative sentiment towards gold from investors as evidenced in the continued liquidation in gold-backed exchange-traded funds amid signs of an improving U.S. economy, the crisis in Ukraine has prompted in recent safe-haven buying which helped boost the price of gold to three-week highs above $1,300 an ounce.
So far my 2014 expectations are playing out pretty much as planned, with a few adjustments. With the threat of war in the Ukraine I think the final bubble phase in stocks is now off the table.
Coal prices climbed to the highest level since January Monday as European nation set to replace gas for coal in power plants.
Gold jumps second day in a row as Ukraine war of words and action on the ground intensifies.
Safe-haven buying sparked after Ukraine calls for UN Peacekeepers and chances of "gas war" increases.
Don't put all your investments in one stock, warns S&A Resource Report Editor Matt Badiali.
Retakes $1,300 an ounce after Russia says Ukraine headed for a civil war.
Hedge yourself against geopolitical tensions and expansionary monetary policies of central banks with gold
It has been slightly more than two weeks since the price of gold soared to over $1380 an ounce on due to tensions between the US, Europe and Russia over Crimea. As to be expected the event did not escalate into a major global war and so much of the safe haven buying has dissipated for now.
There is only one certainty in Ukraine: The energy sector must and will be transformed, and how long this takes will depend on who ends up in the driver's seat and how serious they are about becoming a part of Europe and reducing dependence on Russia.
A Crimean museum's ancient gold collection in limbo after Russia annexation of the Ukrainian territory.
Ukraine uses gas for about 40% of its energy needs, and more than half of that supply comes from Russia.