It is Wednesday 14th June 2006 and we are trying to get past the top of the trading week but worries are still everywhere. Falling metals such as stones, gold and silver have fallen more than 20% from their highs, and this is partly due to falling demand from the jewelery industry and falling demand from India.
India is a big buyer of precious metals everywhere. This emerging market has been a huge catalyst for the metal frenzy. Now India, along with other Iran phone number list developing countries such as Brazil, Russia, China, South Korea, also known as HEATING COUNTRIES, have tightened their belts. So there is supply and demand. This surging supply of the metal has been crushed, but we could see a slight spike in the coming weeks.
BRICK-based companies trading here in the US have been evacuated and cash flow from these companies is causing them to go down on an almost daily basis. But maybe it’s time to look back at these companies only to see the companies that were guilty of associations and dragged them down.
The Nasdaq fell for the eighth consecutive year, today could mark the number 9 and that hasn’t happened since 1984. The Standard & Poor’s 500 closed at a seven-month low yesterday. All of this because of concerns the FOMC will raise interest rates. So stay tuned for there are gems in these ruins that you might want to pick up. You have to be patient.
In the alternative energy space, you have a company that will start trading today in the ethanol game. VeraSun Energy Corporation (NYSE: VSE) The company has ethanol plants in Iowa and South Dakota. They sell VE85 brand fuel at gas stations in the b2c phone list Midwest. Right now it’s a pure ethanol arena game, but it is one of three ethanol companies to be released soon. Even though the original budget came from Capitol Hill, it wasn’t enough to keep investors at the forefront of this new release. So, the weather could be wrong, and this new problem could put a lot of pressure on other public ethanol companies once they hit the market, such as Pacific Ethanol (NASDAQ: PEIX).