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Tag: price fixing

Rob McEwen on Why Gold Stocks Remain a Good Bet

Rob McEwen on Why Gold Stocks Remain a Good Bet

“They’re more heavily oversold than gold and have some very powerful upward moves when they’re coming off the bottom,” he said in a conference call Friday. “You have to be very nimble right now to take advantage of those moves because they seem to be very short, but I think

Platinum and Palladium Price Manipulation?

BASF Metals, Goldman Sachs, HSBC Bank USA and Standard Bank are accused of rigging platinum and palladium prices for their own benefit. The complaint suggests that the firms were able to profit substantially by colluding during daily platinum and palladium price fixings.

Goldman Sachs, JPMorgan and More Accused of Zinc Price Manipulation

Reuters reported that this past Friday, Duncan Galvanizing Corp., one of the oldest galvanizers in the United States, accused Goldman Sachs Group Inc. (NYSE:GS), JPMorgan Chase & Co. (NYSE:JPM), the London Metal Exchange and metal warehouse operators of working together to manipulate the US zinc price. Duncan alleges that they

Rising Production Costs Reduce Fertilizer Profits

Recently, record-setting earnings have been the norm for fertilizer producers, however, late last month the markets were roiled by a quarterly earnings report by Mosaic, the world’s largest phosphate producer, which showed that profits missed analyst’s earnings per share (EPS) expectations.

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