Red-Hot Resources

"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Wednesday, October 10, 2007

Busy Day

I have a lunch meeting, and I'm cranking out a Red-Hot Global Small-Caps Issue, but here are a few things to hold you over ...

First, my latest column, "Fading Green, Brighter Gold."

Second, my colleague Mike Larson's take on yesterday's release of the Fed minutes.

More news ...

Iron Ore Price to Gain 25 Percent in 2008 on China Demand, Sinosteel Says Sinosteel Corp., China's second- biggest iron-ore trading company, expects the contract price for the steelmaking ingredient to gain 25 percent next year, driven by increased demand, a company executive said.

Suzuki Sells More Cars in India Than Japan for First Time on Rising Wages Suzuki Motor Corp., Japan's second- largest minicar maker, sold more vehicles in India than its home market for the first time, twenty-five years after it entered the country.

S&P/ASX 200 Index Extends Record High; BHP Billiton, James Hardie Advance Australian stocks rose, extending the benchmark's record high, led by BHP Billiton Ltd. and Rio Tinto Group after prices for metals and oil climbed.

Lead Rises to Record in London as New Supply Fails to Keep Up With Demand Lead rose to a record for a second straight day in London on speculation new supply won't keep up with rising demand. Copper reversed a decline and aluminum rose.
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