A free fall in U.S. coal mining employment that began after a near-term peak in the final quarter of 2011 has extended into 2014, with first-quarter employment dropping by more than 5,700 jobs, or a decline of about 7.0%, compared to same quarter a year ago.
After some considerable selling of gold from the SPDR gold Exchange Traded Fund in the preceding months, early in 2013, Goldman Sachs came out with a warning that the gold price was going to fall and fall heavily.
In 2013, 45% of Canadian surveyed said they felt Chinese investment would benefit Canada. In 2014, that number dropped to 35% in 2014, the lowest in a decade.
Oil producers are now “cracking the code” on the Torquay, or Three Forks formation below the Bakken, and coming up with incredible economics—these wells are paying back in only seven months.