DailyMarkets.com - Commodities Sold Amid Greece-Fueled Risk Aversion

Commodities Sold Amid Greece-Fueled Risk Aversion

Posted: 09 May 2012 01:35 AM PDT

Talking Points

Crude Oil, Copper Aim to Extend Losses Amid Greece-Fueled Risk Aversion
Gold and Silver Under Pressure as Haven Flows Drive US Dollar Higher

Commodities are under fire once again in early European trade as Eurozone crisis fears continue to drive risk aversion, weighing on growth-geared crude oil and copper prices. The dour mood is also stoking safe-haven flows into the US Dollar, thereby applying de-facto selling pressure on gold and silver. S&P 500 stock index futures are … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tuesday Night Energy Links

Posted: 08 May 2012 06:52 PM PDT

1. Mark Green at the Energy Tomorrow blog points to the video above about the resurgence of jobs, hope and opportunity that has come recently to the Ohio steeltown of Lorain, thanks to the shale/hydraulic fracturing revolution.

2. The shale “gold rush-like” revolution is spreading prosperity all over the country and bringing jobs and production to other states like Pennsylvania and Texas, based on this report from Plastics News:

“The [shale] discoveries have prompted several firms … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards