Is the Nippon Steel Bid Dead? U.S. Steel’s Stock Plummets Following Presidential Remarks The future of Nippon Steel’s ambitious $15 billion bid to acquire U.S. Steel appears increasingly uncertain following vocal opposition from President Donald Trump. In the wake of Trump’s remarks, U.S. Steel’s stock witnessed a significant decline, underscoring the complexities surrounding this high-profile …
Category Archives: Resource Stocks
Impact of Trump’s Tariff Decisions on Oil Prices and Economic Stability
Oil Prices and the Economic Outlook: The Impact of Trump’s Tariff Decisions The complex relationship between oil prices and economic indicators has sharpened in recent days, particularly in light of President Donald Trump’s fluctuating tariff policies. While oil prices are often perceived as a barometer of economic health, the recent pause in tariff hikes raises …
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Trump’s Executive Order Undermines State Climate Laws to Support Big Oil Industry
Trump Sides With Big Oil Against State Climate Laws In a significant move that underscores the United States’ tumultuous response to climate change, President Trump has taken steps to bolster the oil and gas industry against state-level climate legislation. On April 9, 2025, Trump signed a wide-ranging executive order that directs the Justice Department to …
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Barrick Gold Corporation: The Undervalued Canadian Stock You Should Buy Now
Is Barrick Gold Corporation (GOLD) the Undervalued Canadian Stock to Buy Now? Overview of Barrick Gold Corporation Based in Toronto, Canada, Barrick Gold Corporation (NYSE:GOLD) is a prominent player in the exploration, mine development, production, and sale of gold and copper properties. With a forward P/E ratio of approximately 10.8x as of April 4, the …
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Gold Prices Plunge 2.5% as Trump Tariffs Ignite Market Turmoil
Gold Falls 2.5% Amid Market Chaos from Trump Tariffs Investors witnessing a 2.5% decline in gold prices this week may not be fully aware of the dramatic factors influencing the market. President Donald Trump’s recent announcement regarding significant import tariffs has created unprecedented chaos not seen in decades. With this announcement, many had anticipated a …
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Why Gold is a Must-Have Investment: Protect Your Portfolio Amid Economic Uncertainty
Gold is Glittering for Good Reasons: Here’s Why It Fits in Your Portfolio As global economic uncertainty heightens, gold has once again surfaced as an attractive investment asset. Since the end of 2023, the price of gold has surged more than 40%, recently exceeding $3,200 per ounce. This startling rise is not fueled by an …
Gold Prices Skyrocket Amid Trump’s Tariff Revisions: Impact on Investors and Consumers
Gold Prices Surge as Trump’s Reciprocal Tariffs Reshape Import Landscape Gold prices have soared to unprecedented heights following President Donald Trump’s announcement of sweeping tariff revisions, marking a significant shift in America’s trade relationships and its impact on consumer costs. The precious metal climbed to a record $3,201.60 per ounce in aftermarket trading based on …
Investors Flock to Gold as Prices Top $3,100 Amid Credit Concerns: Insights from Keith Weiner
Investors Turn to Gold Amid Rising Credit Risks: Insights from Keith Weiner Gold Prices Surpassing $3,100 an Ounce With the global economy showing signs of strain, it’s no wonder that gold is currently trading at over $3,100 an ounce. According to Keith Weiner, CEO and founder of Monetary Metals, the ascent in gold prices is …
Trump’s Liberation Day Tariffs Set to Trigger Major Oil Market Correction
Why Trump’s Promised ‘Liberation Day’ Tariffs May Cause ‘Correction Day’ for Oil As oil markets rallied at the start of the week, the light at the end of the tunnel may appear dimmer than anticipated. Anticipation surrounding President Donald Trump’s planned implementation of reciprocal tariffs on oil imports this Wednesday, dubbed “Liberation Day,” has oil …
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OPEC+ Plans Major Oil Output Increase: What It Means for Prices and Future Market Dynamics
OPEC+ Set to Boost Oil Output: What This Means for Prices As April approaches, all eyes are on the Organization of the Petroleum Exporting Countries and their allies, collectively known as OPEC+. The consortium announced its decision to gradually unwind its voluntary production cuts starting on April 1, paving the way for a significant increase …