{"id":3418,"date":"2013-10-25T19:56:42","date_gmt":"2013-10-25T19:56:42","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=3418"},"modified":"2013-10-25T19:57:12","modified_gmt":"2013-10-25T19:57:12","slug":"big-miners-offer-bleak-gold-outlook","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=3418","title":{"rendered":"Big miners offer bleak gold outlook"},"content":{"rendered":"<h3 style=\"text-align: center;\"><em>What Caterpillar, DuPont, Freeport results<br \/>\ncan tell commodities traders<\/em><\/h3>\n<p><strong>By\u00a0Myra P. Saefong<\/strong><br \/>\n<em>MarketWatch<\/em><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-full wp-image-3419\" alt=\"cat160\" src=\"http:\/\/juniorminingnews.com\/wp-content\/uploads\/2013\/10\/cat160.jpg\" width=\"160\" height=\"107\" data-id=\"3419\" \/>Earnings season\u00a0offers traders extra tools to gauge the outlook for commodities such gold and oil. For metals, the prognosis isn\u2019t good.<\/p>\n<p>\u201cIn many cases commodities-correlated companies are forced to manage their businesses in a reactionary way to the changes in commodities prices,\u201d said Justin McNichols, chief investment officer at San Francisco-based Osborne Partners Capital Management. But \u201cthere are cases when a company\u2019s earnings are guidance that can provide clues to the future direction of commodities.\u201d<\/p>\n<p>Take\u00a0Caterpillar Inc.\u00a0+0.20%\u00a0Quarterly results from the earth-moving equipment provider included\u00a0<a href=\"http:\/\/blogs.marketwatch.com\/thetell\/2013\/10\/23\/caterpillar-tests-wall-streets-patience\/\" data-ls-seen=\"1\">drops in sales and profit\u00a0<\/a>and a slashed forecast, all resulting from weak demand from miners. Its shares went into a 6% tailspin on Wednesday.<\/p>\n<p><a href=\"http:\/\/www.marketwatch.com\/story\/big-miners-offer-bleak-outlook-for-gold-metals-2013-10-25\" target=\"_blank\"><strong>Continue reading . . .<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earnings season offers traders extra tools to gauge the outlook for commodities such gold and oil. For metals, the prognosis isn\u2019t good.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/3418"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3418"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/3418\/revisions"}],"predecessor-version":[{"id":3421,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/3418\/revisions\/3421"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}