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Commodity News-T & K Futures and Options Inc. Newsroom
See our president's most recent Bloomberg & Reuters comments below.

Copper Prices Slide on Signs of Deepening Global Economic Slump
...
...
``Weak economic news is definitely bad news for copper,''
said Michael K. Smith, the president of T&K
Futures & Options in Port St. Lucie, Florida. ...
- 2008-11-17 |
Copper Surge 10% as China Stimulus Plan Boosts Demand Outlook Nov.
...
...
``The stimulus is really going to help the big-picture
demand outlook,'' said Michael K. Smith, president of
T&K Futures & Options in Port St. Lucie, Florida.
... - 2008-11-10 |
Commodities Send Sell Signal Before Long
Recession (Update1) Nov. ...
...
of any commodity right now to realize that the world is
definitely in a recession,'' said Michael K. Smith,
president of T&K Futures & Options in Port St.
... - 2008-11-03 |
Copper, Nickel Extend Declines on Lower World
Demand for Metals ...
...
``These global recession fears don't seem unfounded,'' said
Michael K. Smith, president of T&K Futures
& Options in Port St. Lucie, Florida. ...
- 2008-10-23 |
Copper Tumbles, Heads for Worst Week Since 1988
as Outlook Dims ...
...
percent. ``People are scared to death,'' said Michael K.
Smith, president of T&K Futures & Options
in Port St. Lucie, Florida. ``The ...
- 2008-10-10 |
CRB Commodity Index Plunges Most Ever on `Dire'
Growth Outlook Oct ...
...
money that's leaving commodities right now because of fear
about this global recession,'' said Michael K. Smith,
president of T&K Futures & Options in Port St.
... - 2008-10-10 |
Copper Drops to 7-Month Low in NY on Concern Demand May Fall Sept.
...
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...
``There's bad economic news for everybody around the world
and demand is looking pretty shaky,'' said Michael K.
Smith, president of T&K Futures & Options in ...
- 2008-09-05 |
Coffee Declines as Dollar's Rally Spurs Drop in Commodities Sept.
...
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... ``For the most part, it's the
weakness in the other commodities,'' said Michael Smith,
president of T&K Futures & Options Inc. in
Port St. Lucie, Florida. ...
- 2008-09-03 |
Copper Slides to Six-Month Low in New York on Demand Concerns Aug.
...
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...
``If all these major economies are going to slow down,
that's really bad news,'' Michael K. Smith, president of
T&K Futures & Options in Port St. ...
- 2008-08-11 |
Commodities Fall to Four-Month Low on Dollar's
Jump, Economy Aug. ...
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...
have gotten very worried about demand for commodities
because of this global meltdown,'' said Michael K. Smith,
president of T&K Futures & Options in Port St.
...
- 2008-08-08 |
Copper Futures Post Biggest Weekly
Decline Since May 2007 Aug. 8 ...
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...
have gotten very worried about demand for commodities
because of this global meltdown,'' said Michael K. Smith,
president of T&K Futures & Options in Port St.
...
- 2008-08-08 |
Commodities Fall to 7-Week Low as Investors Shun Energy, Metals ...
... ``It all has to do with the
dollar, inflation and interest rates,'' said Michael K. Smith,
president of T&K Futures & Options in Port St. Lucie, Florida. ...
- 2008-07-23
Copper Declines as Dollar Rally, Oil Slump Curb Investor Demand ...
... commodities and all these
commodities, like copper, were being pulled up by crude,'' said
Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-07-23
Copper Climbs in New York as Stockpiles Fall, Peru Strike Nears ...
... tight, so people start to
get worried that there just won't be enough to meet demand,'' said
Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-07-11
Copper Drops on Concern Slowing Global Growth may Cut Demand June
...
... The metal has been
``strongly correlated'' to movements in the dollar, Michael K.
Smith, president of T&K Futures & Options in Port St. ...
- 2008-06-24
US Gasoline Demand Falls 2.7%, MasterCard Says (Update1) June 24 ...
... ``I don't think demand will
come down that much more,'' said Michael Smith, president of T&K
Futures & Options in Port Saint Lucie, Florida. ...
- 2008-06-24
Copper Drops Most in Two Weeks as Stronger Dollar Curbs Demand ...
... Copper has been ``strongly
correlated'' to the dollar's movements, said Michael K. Smith, the
president of T&K Futures & Options in Port St. Lucie, Florida. ...
- 2008-06-23
Copper Pares Loss as Dollar Falls, Renewing Inflation Concern June
...
... value. ``It's all
about the dollar today,'' said Michael K. Smith, the
president
at T&K Futures & Options in Port St. Lucie, Florida. ...
- 2008-06-05
Gasoline, Heating Oil Futures Reach Records on Weaker Dollar May ...
... ''I think it's the dollar crashing
again,'' said Michael Smith, president
of T&K Futures & Options in Port Saint Lucie, Florida. ...
- 2008-05-20
Copper Drops on Concern Slumping Growth
to Curb Metals Demand May ...
...
``The growth picture looks much worse now with
higher energy prices and a slowdown in manufacturing,'' said Michael Smith, a
president at T&K Futures & Options
... - 2008-05-14
Nymex Gasoline Futures Rise as
Inventories, Production Decline ...
...
``If I were a refinery and my margins were low,
I wouldn't produce,'' said Michael Smith, president of
T&K Futures &
Options in Port Saint Lucie, Florida. ...
- 2008-03-24
Commodity Prices Head for Biggest Weekly
Decline Since 1956 March ...
... the
appeal of commodities as a hedge against
inflation and an alternative investment, said Michael K. Smith, president of
T&K Futures & Options in Port St.
... - 2008-03-20
Commodity Prices Plunge, End Week With
Biggest Drop Since 1956 ...
... the
appeal of commodities as a hedge against
inflation and an alternative investment, said Michael K. Smith, president of
T&K Futures & Options in Port St.
... - 2008-03-20
Wheat Falls, Capping Biggest Weekly Drop
in Over Three Decades ...
... was
based on Wall Street investments coming in,
looking for an alternative- asset class,'' said Michael K. Smith, president of
T&K Futures in Port St. ...
- 2008-03-20
Copper in New York Heads for Biggest
Weekly Drop in 10 Months ...
...
``There's a panic in the market that's taken
hold very quickly,'' said Michael Smith, president of
T&K Futures & Options
in Port St. Lucie, Florida. ...
- 2008-03-20
Heating Oil Falls From Record as Highs
May Have Been Reached March ...
...
searching for yields where they can get it, and
now it looks like a broad-based commodities selloff,'' said Michael Smith,
president of T&K Futures & Options
... - 2008-03-07
Heating Oil
Futures Fall After
Touching Records This Week March 7 ...
...
searching for yields where they can get it, and
now it looks like a broad-based commodities selloff,'' said Michael Smith,
president of T&K Futures & Options
... - 2008-03-07
Heating Oil Falls on Concern Economy
Will Slow, Curbing Demand Jan ...
... are just worried about the US having a
recession, it is very contagious for the rest of the world,''
said Michael Smith, president of T&K Futures & Options in ...
- 2008-01-22
Copper Rises in NY as
Commodities Surge on Inflation Concern Jan.
... .
.. on speculation the
Federal Reserve will continue to
lower US borrowing costs and spark inflation, said Michael Smith,
president of T&K Futures
& Options in ... -
2008-01-03
Gasoline, Heating Oil Reach
Records as Crude Oil Touches $100 Jan. ...
... with a lot more traders
in the market, so whichever way the
market starts to go, that accelerates it,'' said Michael
Smith, president of T&K Futures & Options ...
-
2008-01-02
Heating Oil, Gasoline Gain
After Benazir Bhutto Assassinated Dec. ...
... the declining supplies
and the Turks have really stepped up
their bombing raids in Iraq,'' said Michael Smith,
president of T&K Futures
& Options in Port Saint ... -
2007-12-27
Copper Falls on Concern US
Slowdown Will Reduce Metal Demand Nov. ...
... ``People are still
worried about the US economy, and a
lot of it is still tied to the subprime mess,'' said Michael
Smith, president of T&K Futures & Options ...
-
2007-11-27
Copper Falls on Concern US
Slowdown Will Reduce Metal Demand Nov. ...
... ``People are still
worried about the US economy and a
lot of it is still tied to the subprime mess,'' said Michael
Smith, president of T&K Futures & Options in ...
-
2007-11-27
Commodity Prices Rise to
Record on Slumping Dollar (Udpate1) Oct. ...
... ``The bottom line is a
weaker dollar is going to mean
higher prices for commodities traded in dollars,'' said Michael
Smith, president of T&K Futures & Options ...
-
2007-10-31
Smith of T&K Sees
$100 Oil This Year, `Pullback' in 2008:
Video ...
31
(Bloomberg) -- Michael Smith,
president of T&K Futures
and Options Inc., talks with Bloomberg's Mike McKee from
West Palm Beach, Florida, about the
outlook ... -
2007-10-31
Copper Gains Most in Two
Weeks as Global Demand May Top Supply Oct ...
... ``Global demand is really
going through the roof,'' said
Michael Smith, president of T&K Futures &
Options in Port Saint Lucie,
Florida. ... -
2007-10-26
Copper Declines to Four-Week
Low in NY as Inventories Climb Oct. ...
... ``Any big increase in the
stocks is really going to affect the
market,'' said Michael Smith, president of
T&K Futures & Options in Port Saint
Lucie, Florida. ... -
2007-10-18
Copper Rises to Six-Week
High After Fed Cuts Benchmark Rate Sept. ...
... ``We're going to hit
all-time highs in copper,'' said
Michael Smith, president of T&K Futures &
Options in Port Saint Lucie,
Florida. ... -
2007-09-19
Copper Rises to Six-Week High After
Federal Reserve Cuts Rates ...
...
``We're going to hit all-time highs in
copper,'' said Michael Smith, president of
T&K Futures & Options in
Port Saint Lucie, Florida. ...
- 2007-09-19
Copper Declines as Jobs Data Signals
US Economy May Slow Sept. 7 ...
...
``People are thinking about the economy and
getting worried that we're going to see a slowdown,'' said Michael Smith,
president of T&K Futures &
Options in ...
- 2007-09-07
US Commodities: Corn Rises; Record
Wheat Boosts Grain Demand Sept. ...
...
``People are thinking about the economy and
getting worried that we're going to see a slowdown,'' said Michael Smith,
president of T&K Futures &
Options in ...
- 2007-09-07
Copper Gains for Fifth Session in NY
as Global Demand Climbs Aug. ...
...
as China and India keep growing, they're
going to keep using more copper and pushing the price up,'' said Michael Smith,
president of T&K Futures &
Options in ...
- 2007-08-23
US Commodities: Wheat Rises to
Record as Demand Tops Supplies Aug. ...
...
as China and India keep growing, they're
going to keep using more copper and pushing the price up,'' said Michael Smith,
president of T&K Futures &
Options in ...
- 2007-08-23
Gold, Silver Gain on Speculation Fed
Won't Raise Interest Rates ...
...
``Gold investors are worried about the fact
that the dollar is able to bounce,'' said Michael Smith, president of
T&K Futures & Options Inc. in Port St.
... - 2007-05-15 |