Archives — August 2012 back to current month (223)
China and India have always been crazy for gold and the yellow metal remains the choice store of value in those two countries, says Don Coxe, a strategic advisor to the BMO Financial Group. In an exclusive interview with The Gold Report, Coxe explains how demographic shifts are affecting the price of gold and delves into the logic of investing in gold as a long-term strategy. Coxe also draws an important lesson in economics from his reading of Lenin.
Gold Headed for Third Straight Monthly Gain (08/31/2012)
"Gold prices looked set for a third straight monthly gain by Friday lunchtime in London, trading around 2.3% higher than the final July fix price."
"While little prospecting has been carried out so far, South Sudan is thought to have significant mineral potential."
"Gold prices ran up to fresh five-month highs Friday as traders seemingly concluded that Fed Chairman Ben Bernanke’s highly anticipated Jackson Hole speech meant there is a good chance for further easing from the central bank."
"Substantial production losses and outages at existing copper mines will cause global copper inventories this year to fall to 47 days of consumption from 52 last year, Scotiabank Economist Patricia Mohr has forecast."
China's Rare Earth May Become a Bit Less Rare (08/31/2012)
"The kinder export quota will make little impact over the next two to eight years as offshore competitors—potentially solid investments—have already started to develop better processing technology."
Your Window to Buy Gold Below $1,700/oz Is Closing (08/31/2012)
"Short-term as well as longer-term trends suggest that the gold price is going to move out of its recent correction soon."
Managing Director Greg Wade of Wedbush Securities doesn't use a cookie-cutter approach to picking biotechnology stocks. He directs investors to companies with strong science, well-executed clinical studies and data that point toward future success. In this exclusive interview with The Life Sciences Report, Wade shares his favorite names and the compelling stories behind each company.
This Is Your Energy Entry Point: Mark Lackey (08/30/2012)
Oil prices are starting to creep back up while gas, coal and uranium are poised for moves this fall, according to Mark Lackey, long-time energy analyst now representing resource companies with CHF Investor Relations. In this exclusive interview with The Energy Report, Lackey shares his current insights on energy markets and talks about a number of companies he thinks are sleepers, ready to move quickly when the energy commodities take off.
Five Ways Researchers Use Microbes to Make Energy (08/30/2012)
"Researchers are working on multiple ways that microorganisms, specifically bacteria, can be used to create energy."
Start Your Own Gold Standard (08/30/2012)
"While politics has the power to cloud even the most basic beauties in the financial system, it does not currently prevent individuals from applying the gold standard to their own portfolios."
Prepare for Fireworks in the Gold and Silver Sector (08/30/2012)
"We can only conclude that although all eyes are focused on the Fed, there are other factors in play that will drive gold prices higher and we are quietly confident that a new all-time high of around $2,000/oz will be achieved by New Year's Eve."
Gold: First Mover Advantage (08/29/2012)
"Gold still hasn't made it back to its all-time high, but Stifel Nicolaus' gold-to-crude oil ratio suggests gold climbing to $1,900."
David Morgan, editor of The Morgan Report, expects gold to top $1,800/oz and silver to top $40/oz by the end of the year and both to take off from there. In this exclusive interview with The Gold Report, Morgan shares the logic behind his predictions and identifies several companies set to benefit from the end of the precious metal doldrums.
Two Ways to Buy More Gold for 2013 (08/29/2012)
"The high level of bearish sentiment early in the summer and the seasonal tendency for gold to bottom in July created a good risk-reward entry point, but another opportunity to buy should be just around the corner."
"President Ollanta Humala has sent a bill to Congress that would give the environment ministry more power to approve or reject new mines in Peru. Peru, a top global metals exporter, has a pipeline of new mining projects worth $50B."
Bernanke Disappointment Could See Gold Correct (08/29/2012)
"'Gold prices could correct, possibly abruptly and steeply, should Bernanke's speech again hint of distancing the Fed from further monetary policy easing,' says James Steel, chief commodities analyst at HSBC."
Algae Biofuel Facility Begins Operations (08/29/2012)
"The first phase of Sapphire Energy Inc.'s Green Crude Farm, the first commercial demonstration algae-to-energy plant, has begun operations."
"Production halts due to Hurricane Isaac and a deadly explosion at a Venezuelan refinery have pushed U.S. gas prices to a near four-month high."
"Although China now produces 99% of the world's heavy rare earth supplies, Molycorp's Mountain Pass facility is about to become the first U.S. heavy rare earths concentrate processor."
Bet on a Gold Comeback with the Gold Explorers ETF (08/29/2012)
"If investors are forecasting a solid return for gold, the explorers ETF could be a very interesting fund to target at this time."
The Latest ETF Eye-Opener (08/29/2012)
"Institutional Investor recently highlighted another downside to these investments: ETFs' use of hypothetical, back-tested performance."
"Resverlogix's RVX-208, designed to increase levels of high-density lipoprotein cholesterol in patients with atherosclerosis, is hitting all of its marks."
"Leading cardiologists, who follow drug development closely, warn that the hurdle for pricey new heart medicines is getting ever higher as economic pressures hit health budgets worldwide."
Study Shows CT Scanning Technology Superior (08/29/2012)
"An important noninvasive technology may improve existing care and has the potential to outperform established noninvasive technologies."
Filling the Drug Translation Gap (08/29/2012)
"Patients keep waiting longer and longer for research to translate into new drugs as development costs rise. The best hope for bridging that gap—thus cutting time and money from drug development—rests with translation-focused disease foundations."
Far from icebound, Greenland is wealthy in rare earth elements, precious metals and oil. Already, says Aheadoftheherd.com owner Rick Mills, companies are beginning to outline major discoveries at just pennies a share. And that's just the tip of the iceberg. Read more in this exclusive interview with The Critical Metals Report.
Invest in What China Needs to Buy: Don Coxe (08/28/2012)
The U.S. is no longer the safest place in the world to invest, says Don Coxe, a strategic advisor to the BMO Financial Group. While U.S.-based companies are forced to wade through red tape and legal challenges, relatively lax regulation in emerging economies created stiff competition. In this exclusive interview with The Energy Report, Coxe explains how investors should position themselves as China and India rise to superpower status.
Are the Precious Metals Sending a Signal? (08/28/2012)
"The precious metals are moving back into the spotlight. After being left for dead by Wall Street several months ago, gold and silver are at four-month highs."
"The share prices of junior miners with big gold deposits moved upwards with remarkable consistency in August as investors began to reconsider at the sector."
Gemoscan Sets Aggressive Expansion Plan (08/28/2012)
"The company is planning expansion in the U.S., Europe, Asia and India, with a growth objective of 10,000 locations by 2014."
The Comprehensive Guide to Natural Gas ETFs (08/28/2012)
"Natural gas prices have fallen about 80% since their 2008 peak. Now, the situation seems to be turning around."
The dire economic situation that persists globally despite the best efforts of central planners to make things seem normal leads Sprott Inc.'s legendary Chairman Eric Sprott to broadcast a loud message of caution: "Fear the financial system." In this exclusive interview with The Gold Report, Sprott says it's time for people to take matters into their own hands and that means pushing further and further into precious metals equities as well as physical gold and silver. With 80% of his own portfolio in that arena, he certainly puts his money where his mouth is.
This Rare Earth Junior Is Beginning to Outperform (08/27/2012)
"Ucore's use of Solid Phase Extraction technology could mark the first time dysprosium is produced on American soil."
The Gold Bull Market Is Still Happening (08/27/2012)
"Seasonal factors and other strong indicators tell me this long period of gold price consolidation is at last nearing its conclusion. Gold has formed a new higher base, from which it can launch higher."
Why Billionaires Love Gold (08/27/2012)
"Despite the fact that we've been in a powerful gold bull market for more than a decade already, I believe the best is yet to come for gold prices."
"U.S. Republicans have all but guaranteed the backing of the 'gold vote' this November by raising an idea that even the most bullish mainstream bullion boosters believe is unrealistic: a return to the gold standard."
"Gold prices hit their highest since mid-April on Monday, buoyed by speculation that the U.S. Federal Reserve may be set to unveil another round of monetary stimulus, but then steadied on caution ahead of a key central bankers' meeting later this week."
Why $40/bbl Predictions Are Dangerous (08/27/2012)
"These doom and gloom predictions are highly oversimplified and potentially dangerous to you as an investor."
"Hurricane Isaac already has forced several energy giants to shut down major Gulf oil and gas projects until the storm passes. That's going to spell higher gas prices for U.S. consumers."
"Apart from hard-to-access vast reserves offshore the Arctic, Russia is believed to have enormous hard-to-extract resources in already developed regions."
"Just days after BHP Billiton announced it would mothball more than $60B in expansion projects, the company announced it had signed an agreement to sell its Yeelirrie uranium deposit to Cameco for $430M."
A New Cyclical Bull Underway in Gold Stocks (08/26/2012)
"Markets have bottomed, a new cyclical bull has begun and there is substantial room to move over the coming months and year."
It is a deal with the devil: Governments churn out more and more cash for the promise of continued prosperity. But the day of reckoning is near, according to Doug Casey, chairman of Casey Research and an expert on crisis investing. As the epic battle between inflation and deflation continues, Casey discusses his predictions for the new world market in this exclusive interview with The Gold Report.
"While veteran gold investors see markdowns as a buying opportunity, gold's price decline has raised the ire of more than a few newer investors."
Gold Is in a Very Strong Bull Market (08/24/2012)
"Heading into weekend, gold prices looked set for a gain of more than 3% on the week, after gold rallied following Wednesday's publication of Fed policy meeting minutes."
Gold and the $600 Billion Question (08/24/2012)
"Let's enjoy this gold rally while it lasts, but let's also remain disciplined in taking profits along the way, raising our stops to protect remaining profits."
Lilly and Its Big Alzheimer's Bet Is a Mixed Bag (08/24/2012)
"One Wall Street analyst posited that the results will be seen, overall, in a positive context due to misunderstandings about the Lilly compound and the approach for treating Alzheimer's with this particular type of treatment, which is a monoclonal antibody."
"A handful of strong, yet relatively new, Russian biopharma companies, led by R-Pharm and Pharmstandard, are poised to exploit Russia's BRIC status as a premier emerging drug market as they expand their ranges, hoping to conquer the international biotech market."
Fearing Anchors Away After M&A (08/24/2012)
"Big pharma's growing M&A appetite threatens to give two of the nation's largest biotech clusters heartburn over the next few months, as they await the future of homegrown 'anchor' companies recently acquired by some of the world's largest drug developers."
"While the dog days of summer have been tough on biotech investors, fall is just around the corner. The outstanding performance of the biotechs year-to-date should attract investors who may have missed out on the earlier strength in the sector."
Render Unto Caesar, Part I (08/24/2012)
"What does the history of ancient gold coins say about Europe's kingless, faceless money today?"
Why Graphite Is a Critical Material for the US (08/24/2012)
"According to a Canaccord research report, 'annual flake graphite production will have to increase by a factor of six by 2020 to meet incremental lithium carbonate requirements for batteries.'"
Does China Have a Hidden Agenda on Gold? (08/24/2012)
"We have seen Chinese companies begin to make inroads into securing future supplies through investing in and taking over resource companies around the globe. We are now seeing similar moves into the Western gold mining sector, of which the most recent example is China National Gold Corp.'s interest in taking over control of African Barrick Gold."
"Musing this week by Premier Brad Wall that his government should rejig the way it collects royalties from potash producers is somewhat of a surprise, given the stance of his Saskatchewan Party during the election campaign."
Final Chinese Rare-Earth Export Quotas for 2012 (08/24/2012)
"Could export quotas be eliminated altogether for Chinese rare earth materials?"
Why Uranium Prices Will Spike in 2013: Raymond James (08/23/2012)
Analyst David Sadowski of Raymond James sees a lot on the horizon for uranium: a supply shortfall, escalating Asian demand and seasonality, to name just a few. As a former geologist-turned sellside analyst, Sadowski's conviction in uranium's bullish future is rock solid, and he urges investors to get exposure now, as prices in this sector can climb quickly once they're set in motion. In this exclusive interview with The Energy Report, Sadowski shares his favorite names that are set to deliver megawatt-size returns to investors.
"Since natural gas prices are coming off some pretty historic lows, it makes sense to proceed with caution. One way to do this is to invest in companies with exposure to both oil and gas."
Chen Lin is a well-known expert junior metals and energy investor, but he has found compelling reasons to diversify into biotechnology. In this exclusive interview with The Life Sciences Report, Lin meshes common sense and personal experience with his trademark brand of aggressive investment savvy to identify three life sciences stocks that could be huge gainers for investors.
Oil and Gas in Africa: Boom or Doom? (08/23/2012)
"Looking through the African continent, it is safe to say that the oil-producing countries are also the most prone to conflict."
Time to Buy Gold, Silver and Mining Stocks? (08/23/2012)
"It looks like a new rally is about to begin for gold, silver and mining stocks. But more technical work must be done before a sustainable rally takes place. "
Ready, Steady, GOLD! (08/23/2012)
"We could attribute the recent rise in the price of both gold and silver to the U.S. dollar topping out and losing some of its strength recently."
Contrary Gold Futures (08/23/2012)
"Futures traders have been incredibly bearish on gold for months now. They are actually a powerful contrary indicator for gold."
In the topsy-turvy gold equities market, it can be difficult to spot junior mining firms capable of delivering substantial pay-offs. In this exclusive interview with The Gold Report, top market analyst and Resource Opportunities newsletter editor Lawrence Roulston identifies undervalued firms from Africa to British Columbia that have high-quality assets, access to development cash, solid management teams and bright futures.
Shifting Indian Gold Demand Trends (08/22/2012)
"One of the fundamental reasons for gold's sluggish performance in 2012 has been the lack of demand from India, traditionally the largest buyer of gold on the planet."
"Gold mining stocks offer something in return, dividends, in addition to benefiting from a continued rise in gold prices."
Gold Climbs to Three-Month High (08/22/2012)
"Gold prices hit their highest level since early May on Wednesday, rising to $1,645/oz during this morning's London trading."
The Only Way to Win with Gold Stocks (08/22/2012)
"Small-cap resource stocks can give you great leverage to the underlying commodities, such as the precious metals."
Silver Ready to Break Out (08/22/2012)
"Silver is a real store of value and that is its most significant function. The current crisis will cause a massive rush to that which can store value that will not be destroyed by the debt-collapse."
"This report provides extensive and tangible evidence that orphan drug development is an important component of biopharmaceutical R&D strategy."
Nuclear ETFs in Focus (08/22/2012)
"The Market Vectors Uranium and Nuclear Energy ETF has been seeing solid volume levels and it continued the trend this week, trading in volumes roughly six times the normal level."
With Silver over $30, Here's the Down and Dirty… (08/22/2012)
"With a silver jump on our radar, I’d suggest a three-prong approach to profit. It involves both the metal and miners."
China Likely to Boost Rare Earths Imports (08/22/2012)
"China, the world's largest producer and consumer of rare earths, should boost imports of the materials due to growing demand and to protect domestic resources, the China Daily reported on Wednesday, citing senior industry officials."
Big Flakes Finish First in the Graphite Market (08/21/2012)
Flakes are king in the graphite space, where large flake commands a substantial premium. But the path to production can be long and twisted, with many moving parts. Resource and tech investor Ron Struthers met up with The Critical Metals Report and walked us through the funhouse of graphite investment. Read on to find out which companies look good in every mirror.
Taylor Asset Management CEO Busts the Peak Oil Myth (08/21/2012)
Peak oil? "Baloney," says Stephen Taylor. However, significant price differentials make for a complicated global market. On that front, Taylor's message is simple: Watch the news to see where the wells are gushing, choose stocks with low operational costs and keep cash on hand for quick near-term profits. Learn which companies are priced to buy in Taylor's exclusive interview with The Energy Report.
"The coal industry has taken a beating from cheaper natural gas and environmental regulations, but an overall lack of new demand for electricity is also slicing into the electricity market."
Top 10 Pharma Firms (08/21/2012)
"Companies earned a spot in the top 10 based on market cap at the end of Q2/12 and Q2/11."
What Happened to the Rare Earth Metal ETF? (08/21/2012)
"Rare earths will not disappear anytime soon, and current valuations warrant a closer look at a sector that still has the potential for an extremely robust future."
"Though it has long been a source of wealth for the country, gold exploration in Guyana has been on a tear over the last four years."
These Innovations Could Revolutionize Offshore Wind (08/21/2012)
"Ideal offshore turbines would be made at a reduced cost and would have improved efficiency. And engineer Jim Platts of the University of Cambridge's Institute for Manufacturing has determined how this can be done."
"It's no secret that oil production is booming in North Dakota. But there are indeed countless secrets—technical, strategic and otherwise—associated with many of the oil and natural gas wells in the Roughrider State."
Bring Home Profits from Nevada: David Sidders (08/20/2012)
Investors do not need to travel the world to make money in gold mining stocks. Nevada has world-class geology, infrastructure and a mine-friendly legal system without the substantial risks of international resource development. In this exclusive Gold Report interview, David Sidders, founder of Xeitel Capital Management, discusses how to keep investments simple by staying close to home.
Watch Out for a Silver Breakout (08/20/2012)
"All signs are pointing to possible global inflation, which could propel silver prices higher."
Big Changes Ahead: Gold Just Became Money Again (08/20/2012)
"The Fed and FDIC circulated a letter to banks that proposes to harmonize U.S. regulatory capital rules with Basel III. If the proposals are approved by regulators, then this is a momentous change for the gold market."
Gold Market to Be Driven by Politics This Week (08/20/2012)
"Jean-Claude Juncker, head of the Eurogroup of single-currency finance ministers, is expected to visit Athens Wednesday to discuss Greece's request for a two-year extension to its austerity program."
Copper Prices Signaling a Top in the S&P 500 (08/20/2012)
"Recently, copper futures prices have been trading in a relatively tight range, but the longer-term weekly chart demonstrates that a major selloff could transpire."
Platinum Hits Two-Month High on Supply Fear (08/20/2012)
"Platinum prices jumped nearly 2% on Monday, hitting a two-month high after deadly violence at a mine in South Africa triggered heavy speculative buying on supply worries."
"This is a textbook lesson that polarized stakeholders in the Northern Gateway and Keystone pipelines should be reviewing. If they could work together like this, there would be environmental and economic security—and commerce would flow."
"South American countries are set to develop their vast geothermal potential. Will developers be able to acquire investment and favorable policy?"
How to Profit from an Alternative to Chemotherapy (08/20/2012)
"Companies with breakthrough platforms enjoy the ability to leverage the platforms into many new therapies; if well managed they can grow for many years and continue to build value for their shareholders."
"As we enter the 'Love Season' for gold, we'll look for any indications from government policies that might spur the continuation of the long-standing tradition of gold buying for weddings, births and festivals."
"In the very near future we will have a wide array of new drugs, devices and biotech systems that will save the human race from disease and premature death. We also will be able to make money by investing in these breakthroughs."
"The fact that gold and silver are unlikely to break to new highs anytime soon hardly deters me in my bullish enthusiasm for select gold and silver stocks."
More Rare Earth Players Expected (08/18/2012)
"China's preeminent position in rare earths exports is likely to change after a couple of mining operations in the United States and Australia begin to produce the materials next year."
Six Disruptive Biotech Stocks: Ray Blanco (08/18/2012)
Imagine a novel discovery or even a novel platform that just fizzles. To a technology freak like me that sounds so disappointing—to think that you can actually discover breakthrough ideas that are not disruptive and don't really change much. I recently spoke to Ray Blanco, who was so inquisitive as a kid in the 1960s that he built a Wilson cloud chamber in his parents' basement to detect vapor trails revealing movement of subatomic particles. He's still at it, but now it's about building financial models to assess the value and prospects of innovative companies. Today, as an editor and contributor to several investment publications at Agora Financial, Blanco is satisfying his still-healthy curiosity by finding small-, mid-, and even a few large-cap tech stocks with the potential to usher in new paradigms and make significant returns for investors.
IAEA Says Nuclear Safety Improving (08/17/2012)
"The IAEA plan asks that all nuclear nations institute immediate and thorough reviews of all operational plants, especially with a view to their resistance to natural forces."
The lack of excitement haunting the precious metals and mining shares markets over the past year is expected to change in the next few months, according to Michael Fowler, senior mining analyst with Loewen, Ondaatje, McCutcheon Ltd. In this exclusive interview with The Gold Report, he explains why he expects gold to finally break through the $2,000/ounce barrier in 2013 and how this should affect the mining stocks that he covers. While share prices are generally low across the board now, Fowler tells us about a few of the ones that he expects to shine bright when the market turns.
Central Bank Stimulus Hopes Give Boost to Gold (08/17/2012)
"Gold traded just below $1,620/oz during Friday morning's London session, very slightly below where it ended last week amid renewed speculation over central bank stimulus measures."
Barrick Gold in Talks with China over African Stake (08/17/2012)
"Barrick Gold Corp. is in talks that could result in the sale of its majority holding in spinoff African Barrick Gold Plc to China's largest gold producer."
Role of Gold in a Bear Market (08/17/2012)
"Though the old standby of holding cash during bears remains fine, gold's returns have been far superior."
Rare Earth Production Lull Hits South China (08/17/2012)
"Rare earth production is in the doldrums in many Chinese provinces, including the southern province of Guangdong, which is a major rare earth producer."
"Several silver and gold mines link dividend payments to profit and to the gold and silver prices and have seen their share prices outperform their competitors who do not follow this practice."
U.S. Oil and Gas Put Squeeze on Alternative Energy (08/17/2012)
"Normally, when oil and gas prices accelerate on both sides of the Atlantic, alternative energy sources come into focus and become a big part of that 'energy independence' discussion. Not this time."
Are Central Banks Still Hoarding Gold? (08/17/2012)
"A new report shows global gold demand fell in the second quarter from prior year levels. While some investors were discouraged by the price action, central banks were more attracted to gold than ever before."
Potash Supply Glut Delays New Vale Project (08/17/2012)
"However, Saskatchewan Minister of the Economy Bill Boyd says he still sees 'significant ramping up of spending between the existing players and new entrants.'"
Sometimes bigger is better. In this exclusive interview with The Life Sciences Report, Senior Analyst and Managing Director Dr. Jon LeCroy of MKM Partners points to mergers and acquisitions that have bolstered stock prices and singles out biotech and specialty pharma companies of all sizes that could generate significant returns for investors by addressing unmet medical needs with innovative solutions.
Who's Afraid of Middle East Oil? Not David Popowich (08/16/2012)
Some companies will go wherever the oil is—even if that means venturing into war-torn areas. Junior explorers ahead of the game can generate major shareholder value for investors who don't place a circle-slash over the entire Middle East. If you're ready to enter the fray, Macquarie Capital Markets Analyst David Popowich can help you plan your attack. Get his debriefing on Egypt, Kurdistan and which junior explorers to watch for in this exclusive interview with The Energy Report.
"Almost 30 countries are considering or planning to introduce nuclear energy as interest remains strong despite last year's Fukushima accident, the United Nations' atomic agency said."
On the Ground in the Yukon: Part 1 (08/16/2012)
"On site in the Yukon, Mineweb reporter Kip Keen takes a tour of the Yukon's operating mines and some of its leading exploration projects."
Platinum ETFs Take Off (08/16/2012)
"ETF investors saw outsized trading in the physically backed commodity of platinum with the ETF Securities Physical Platinum Shares Fund."
Evaluating the Wisdom of Buying Gold (08/16/2012)
"Even before the height of the global crisis, there was a 'wise crowd' of institutional and individual investors who had been buying gold as a safe haven from currency risks and the trillions of dollars invested in derivatives, and as a way to recycle petrodollars."
Smartgrid Stocks to Power Your Portfolio (08/16/2012)
"High-temperature superconducting wire is to traditional powerline as fiber optic cable is to telephone wire. The capacity is so great you could literally back up a small city on one buried cable."
Obstacles Hit Canada-China Energy Investment (08/16/2012)
"Unclear investment rules are hampering trade between Canada and China, a study by officials from both countries said."
"From Reagan to Twitter, the industry needs to use a variety of campaign tools if it wants to win over the broad swath of Americans caught in the middle of the hydraulic fracturing debate, speakers said this week at an industry event in Denver."
Ron Struthers has crunched the numbers and his indicators are telling him the gold markets are poised for a big jump up. The editor of Struthers' Resource Stock Report called a double-bottom in July and is ready to deploy his liquid reserves so he will be ready for the next bounce. In this exclusive interview with The Gold Report, he makes recommendations for optimal portfolio diversification and names some junior companies set to take off.
"The prime reason that institutional investors and wealthy retail investors are buying gold and silver mining shares now is that these will produce a greater total return than the gold and silver prices themselves."
Paulson, Soros Add to Gold ETF Positions (08/15/2012)
"Soros Fund Management, which sold most of its SPDR Gold Trust position last year, doubled its stake to take it to 884,400 shares."
Romney and Coal or Obama and Wind? (08/15/2012)
"Republican Mitt Romney vowed to step up coal production while President Barack Obama mocked him for opposing a windmill tax credit, in a rare debate over energy policy on the campaign trail."
"The U.S. Environmental Protection Agency expects to propose a regulatory fix aimed at restoring the market for renewable fuel credits after three fraud cases shut out all but the largest biodiesel producers."
Since the beginning of the biotech revolution, analysts have kept spreadsheets, tables and calendars to catch the next whiff of data coming out of companies whose futures hang in the balance. I recently interviewed Vice President Michael Hay of Sagient Research Systems for The Life Sciences Report. Hay watches for data and listens to conference calls the same way analysts from investment banks and asset management firms do, but his specialty niche is catalysts. He has concluded that the two most powerful share-price drivers of small companies are pivotal phase 3 data and U.S. Food and Drug Administration (FDA) advisory panel votes. The Prescription Drug User Fee Act (PDUFA) date, which is when the FDA delivers its yes or no decision on a drug, is not necessarily the big market mover because most times FDA takes the advice of the advisory committee, which means the news is already baked in. Indeed, the PDUFA date can sometimes trigger a sell-on-the-news effect to knock a stock down from its peak even on good news.
Molycorp's poor performance has impacted the entire rare earth sector. Until the rare earth element "super-cycle" gains steam again, investors need to reset their expectations. In this exclusive Critical Metals Report interview, Chris Berry of House Mountain Partners discusses what really matters in a rare earth element company, and why investors should exercise patience.
David Talbot of Dundee Securities sees the tides rising in uranium markets, but not every stock price will recover in-step. Talbot's strategy is to focus on a good story, and he has identified uranium exploration, development and production companies with compelling growth profiles. In this exclusive interview with The Energy Report, Talbot explains why investors should build positions while the spot price is still sluggish.
"Producers are using 'waterfloods'—pushing water into underground formations to flush a large amount of oil out to nearby producing wells—to increase production and profits. It's the next big money-making phase of the Shale Revolution."
Pension Funds Harness Wind Power to Drive Returns (08/14/2012)
"Pension funds hunting for higher returns are buying direct equity stakes in wind power projects that are being shunned as too risky by banks and other investors."
S&P Downgrades Molycorp on Liquidity Concerns (08/14/2012)
"Standard & Poor's lowered its ratings on Colorado-based rare earths producer Molycorp from 'B' to 'CCC+' and placed the rating on CreditWatch 'with developing implications.'"
"Those are the stocks that will likely see the best new demand from new investors: people who are now, all of a sudden, willing to take notice of the stock."
Bear Market Conditions Hit Junior Mining Sector (08/14/2012)
"Association for Mineral Exploration British Columbia President Gavin Dirom said tough economic conditions have hit the sector again, prompted by worries about Europe's sovereign debt crisis and China's slowing demand for copper."
Why the Gasoline ETF Is a Top Performer (08/14/2012)
"A marginally better economic outlook and some Middle East tensions have once again pushed energy prices higher."
John Doody doesn't run off chasing down Indiana Jones' lost gold mines in Peru. He focuses on producers or near-producers whose reserves have been verified as economic to produce. A former professor and the author of the Gold Stock Analyst, Doody has been lying in wait for the market to reach bottom, at which point he'll be ready to deploy the one-third of his portfolio he's been holding in cash into his top 10 stocks. In this exclusive interview with The Gold Report, Doody shares the metrics he uses to nail down those companies.
Gold's Fearless Summer Turnaround (08/13/2012)
"Can fear refuel investment demand for gold? It's a question many investors are now asking."
"The cost of an ounce of gold bullion minus that of an ounce of platinum breached $230/oz Monday, a new record high for the gold-platinum premium."
'Ryan Factor' Could Prove Bullish for Gold (08/13/2012)
"Political policies that could slow growth are likely to be bullish for gold, as the Federal Reserve would need to keep its accommodative monetary policies in place, amid efforts to achieve its official mandates."
Post-Euro Possibilities (08/13/2012)
"The widely promoted gold standard would be absolute disaster for the sole reason of inadequate supply."
China-Malaysia Cooperation at 'Qinzhou Speed' (08/13/2012)
"'In the future, if I want a project to be finished as fast as possible, I would say to finish it with Qinzhou speed,' said Malaysia's prime minister. Things seem to be happening again in making the joint Chinese-Malaysian Qinzhou Industrial Park a reality."
Which Way Will the Pendulum Swing for Gold? (08/13/2012)
"Gold isn't always on an upward path. When looking at the average monthly returns over the past decade, you can see that short-term setbacks are normal throughout the year."
Looming Palladium Shortage May Spark a Price Rally (08/13/2012)
"HSBC Securities forecasts that the palladium, a critical metal for car production, will move back into a substantial deficit this year based on lower expected exports from Russia."
Why Energy Beats Water (08/13/2012)
"Dull, boring utility shares have in aggregate doubled over the past decade while racier sectors have crashed and burned. The sector is also enjoying a 'Goldilocks' macroeconomic scenario. Steady inflation is supporting price increases, while record low interest rates are easing the cost of servicing debt."
Nuclear's Worldwide Expansion (08/13/2012)
"Nuclear power is cheaper than conventional power. And it has zero emissions."
One Month In, Iran Oil Sanctions Start to Bite (08/13/2012)
"Crucial protection and indemnity insurance, much of which is provided by E.U.-based insurers, is no longer available for ships carrying Iranian oil. This has made shipowners reluctant to send vessels to Iran."
The Global Oil Export Balance Is Changing (08/13/2012)
"Traditional raw material providers are moving to supply international markets with value-added processed products. Russia, Saudi Arabia and Kuwait are making major refinery upgrades and expansions."
Profit from Industrial Demand for Silver (08/13/2012)
"In 2011, industrial silver demand climbed to 54% and it's predicted to rise to 74% by 2020."
U.S. Wind Power Hits 50GW (08/13/2012)
"Just this year alone, the nation has had 2,800 megawatts and 1,400 wind turbines installed countrywide, chiefly across Nevada, Idaho, Iowa, Hawaii, Oklahoma and California."
Bulls Are Still in Control, But Time Is Running Out (08/11/2012)
"We will probably see the dollar continue to drift lower for the remainder of this month, possibly even into the Jackson Hole meeting as traders continue to hope for the next round of QE."
It's so outrageously simple that few investors can actually do it: buy low and sell high. The manic highs and lows of the market are actually good news for those investors who have mastered the discipline of buying low and waiting, according to Louis James, the senior editor of the International Speculator and Casey Investment Alert. In this exclusive interview with The Gold Report, James talks about how not to be fooled into timing the market and how he finds value in precious metals by scouring some knock-out jurisdictions like Mexico and China.
Gold Marking Time Until Federal Reserve Symposium (08/10/2012)
"Heading into the weekend, gold prices looked set to end the week little changed by Friday lunchtime in London, with silver prices similarly flat."
The Dumb Money Hates Silver, It's Time to Go Long (08/10/2012)
"Right now, a number of technical, seasonal and sentiment indicators are pointing upward for this volatile metal. This could well be the critical turning point silver investors have been waiting for."
"Gold traders are the most bullish in five weeks as investors expanded their bullion holdings near a record on mounting speculation that central banks will have to do more to bolster economic growth."
Will QE3 Be Gold's Last Hurrah? (08/10/2012)
"Investors banking on a third round of U.S. money-printing to push gold back to record highs this year are taking a risk, not least because the metal's other pillars of support look shaky."
Mining Is One of the Most Undervalued Sectors (08/10/2012)
"Erste Group Analyst Ronald-Peter Stöferle speaks about the strength and durability of the current bull market in gold."
The Gift from 'Little Pearl Harbor' (08/10/2012)
"A smart acquisition that can be commercialized quickly can start generating sales in a fraction of the time. . .and that is what is happening today."
Health Care Law's Tax Hikes Are Coming: Who Pays? (08/10/2012)
"The wealthiest 2% of Americans will take the biggest hit, starting next year. And the pain will be shared by some who aren't so well off—people swept up in a hodgepodge of smaller tax changes that will help finance health coverage for millions in need."
BluMont Capital Portfolio Manager Hugh Cleland has taken a venture capital and private equity approach to investing in public companies, some of which have penny-stock market caps in the $5–15 million range. The idea is to invest in small- and micro-cap stocks without facing redemption risk, and to employ a hands-on approach when helping innovative companies create and realize value over the long term. In this way time becomes the friend—not the enemy—of companies looking for scarce capital in a risk-averse world. In this exclusive interview with The Life Sciences Report, Cleland shares the names of a handful of small companies that could return tenfold or greater multiples to investors.
Argentina's nationalist leanings grabbed major headlines earlier this year, but Mackie Research Analyst Bill Newman says the conflict is unlikely to become a repeating trend with the majors and supermajors currently trolling for oil and gas in the country's Vaca Muerta shales. In fact, Newman expects newer policies to encourage foreign investment in energy exploration. In this exclusive interview with The Energy Report, Newman explains why investors should keep an eye on the region and watch for major catalysts.
The Race for Resources (08/09/2012)
"Investing in global markets requires Olympic stamina, especially at times like this, when the month’s reading on the manufacturing industry was not encouraging."
Gold Rush in China Could See It Sweep Past India (08/09/2012)
"China may have overtaken India as the world's top consumer of gold in the first quarter of 2012, but the country is not resting on its laurels. By buying gold mines and accumulating the produced gold before it hits the international market, China is able to purchase gold below the spot gold price."
"A novel new drug-tracking sensor could literally save your life one day. It's a 'pill' as big as a grain of sand and it could mean huge profits for big pharma companies in the not-too-distant future."
"Lilly plans to use the cash to advance its 'pipeline of more than 60 potential new medicines,' among other corporate uses."
"Successful marketing of pharmaceutical drugs can be put at risk if FDA approval is not carefully conducted in parallel patent issuance."
While timing exactly when the rebound will happen is impossible, Marshall Auerback, director of Pinetree Capital, believes now is the time to pay the gold market renewed attention. In this exclusive Gold Report interview, he explains why the gold market is more interesting than in the recent past and shares what he would do if he were chairman of the Federal Reserve.
John Hathaway, senior managing director of Tocqueville Asset Management, does not particularly trust banks to keep stores of physical gold safe and segregated. Indeed, he considers his black lab Jake a better watchdog than the SEC. That is why he favors the SmartMetals program from Hard Assets Alliance, a new service launched in July. Hard Assets Alliance has partnered with Gold Bullion International (GBI) to offer precious metal purchasing and storage solutions to retail investors. With more investors realizing that safety of capital is the real reason to own gold, safe storage is more important than ever. Read more in this exclusive Gold Report interview.
"Gold hovered just below $1,610/oz for most of Wednesday morning's trading in London, in line with last Friday's close."
Silver Is About to Rocket Higher (08/08/2012)
"The current spot price of silver is an accurate record of the real spot price of physical silver as long as people are willing to exchange currency for silver at that price, which is why backwardation is so important."
"The very fact that the B.I.S. undertook over 500 mt of currency/gold swaps two years ago testifies to its ability to facilitate and support the global monetary system as we know it now."
"Central and regional governments, the mining companies and local residents say they are ready to build a new relationship based on trust and respect."
"New gas technologies and discoveries have changed the complexion of energy in the U.S. and Canada. But how does it fit into the energy equation for the future?"
Natural Gas to Provide Bulk of New Capacity (08/08/2012)
"North America could see 112 GW of new renewable-energy capacity by 2037, but the continent could see more than three times as much new capacity from natural gas-fueled generation over the same period."
Britain Gives Nuclear Power a Second Chance (08/08/2012)
"In a turnabout from the late 20th century, the British government is courting the nuclear industry. It wants low-carbon power to aid its goal of reducing greenhouse gas emissions 80% from 1990 levels by 2050."
Could Gold Be Tripped Up by a Coming Deflation? (08/08/2012)
"There are many high-quality mining stocks today that you can buy at 7, 8, 10 times earnings, something we have never seen in this bull market, and you can receive a dividend yield that is higher than a 30-year Treasury bond."
Silver Price Manipulation Probe Is Not Over (08/08/2012)
"CFTC Commissioner Bart Chilton said silver price manipulation did occur, and he's intent on finding it."
"As investors, we have a huge opportunity to invest in early-stage, revolutionary companies working on plant- and animal-based health solutions that bypass the lengthy and extremely expensive FDA approval process."
Nanofibers May Quicken Healing After Heart Attacks (08/08/2012)
"With development, the treatment could be used to enable people who would otherwise be bedridden to recover."
A Specialty Metals Primer: Mickey Fulp (08/07/2012)
You'll never hear Mickey Fulp talk about electric metals, technology metals or rare metals. But he's got plenty to say about specialty metals. While the nomenclature may not seem important, Fulp, who is one of the foremost experts in the space today, believes obscure definitions are confusing investors. In this exclusive interview with The Critical Metals Report, Fulp clears up the confusion and talks about some in-demand elements many investors may have never even heard of.
There's more to the oil and gas business than drilling holes and distributing what comes out of the ground. Technological advancements in other details of exploration and production are creating major opportunities. In this exclusive interview with The Energy Report, EnerTech Advisor publisher James West fills us in on new cost-cutting technologies and the relatively unknown companies behind them, as well as some major companies that are already benefiting from them.
"The prospect of lower supply is leading to a rise in Brent prices that is felt by consumers and businesses around the world, as Brent is used for pricing crude produced in Europe, the Middle East, Africa and parts of Asia."
All Roads Lead to Berlin (08/07/2012)
"Despite numerous summits, we still look to the European Commissioners to present and implement a solution that would boost economic activity and drive down unemployment. As we see it, there are only two choices: They can either default or print."
Guatemala Steps Back from Mining Reform Plans (08/07/2012)
"The Guatemalan government is stepping back from plans to take a stake of as much as 40% in new mining projects, a top government official said."
"While gold finished 2011 in consolidation mode after reaching a record nominal high above $1,900/oz in September, Blanchard's analysts see the stage being set for another robust advance through the remainder of the year and beyond."
"I expect gold to rally for about 8–13 months into at least June 2013, and our longstanding target has been in the $2,300/oz arena."
Obama Expedites Solar and Wind Projects (08/07/2012)
"President Obama ordered expedited construction of seven solar and wind energy projects in four western states: Arizona, California, Nevada and Wyoming."
Edward Karr, CEO of Geneva-based RAMPartners, favors a disciplined, patient and steady approach to investing in junior gold mining companies. In this exclusive interview with The Gold Report, Karr shares his thoughts on the European crisis, its effect on gold prices and some of his favorite junior gold mining companies.
Speculators Pile Into Gold Futures, Options (08/06/2012)
"For the week ended July 31, speculators in the Commodity Futures Trading Commission's weekly commitment of traders report saw their net-long positions in gold rise significantly in both the legacy and disaggregated reports."
"The long-range upward trajectory of precious metals, particularly gold, is continuing higher and has considerably higher to go."
Five Ways to Invest in Gold (08/06/2012)
"A recent survey shows that nearly half of U.S. investors don't believe they're knowledgeable enough about the precious metal to make a decision about adding gold to their portfolios. The World Gold Council highlights these five options to get investors started."
Likelihood 'Remains High' for Central Bank Stimulus (08/06/2012)
"Precious metals prices held on to most of their gains from Friday's rally, which coincided with a stock market rally following better-than expected U.S. non-farm jobs data, as well as news that Spain may seek a bailout."
South Africa Tops Gold Grade List (08/06/2012)
"After more than a century of gold mining in the country, South Africa is featured in the number one spot in terms of gold grades, with Canada close on its heels, in a report drawn up by Natural Resource Holdings' Roy Sebag."
"While China's Guangdong Province is allowed to mine only 2,000 mt of rare earth oxides annually, illegal mining production surpassed 40,000 mt last year."
"The E.U. commissioner approached Greenland for exploitation rights to rare earth metal ores in return for technological and environmental mining know-how—to find Chinese miners already working the ground."
Near-Term Oil and Gas Investment Strategies (08/06/2012)
"Canadian oil and gas research analysts Josef Schachter and Martin Pelletier explained one of the key strategies to make money in the junior oil sector—trade the volatility and learn how to read the swings."
Second Cuban Offshore Oil Well Also a Bust (08/06/2012)
"A second deep-water exploratory well in the Gulf of Mexico has proved a bust, Cuba's state oil company announced Monday, dealing another blow to the island's dreams of petroleum riches."
NASA Draws on Nuclear Power for Mars Trek (08/06/2012)
"The rover will be powered by an advanced nuclear power system, called the Multi-Mission Radioisotope Thermoelectric Generator."
Triple Win for Biofuels on Capitol Hill (08/06/2012)
"The Senate Appropriations Committee added $100M to the Defense Production Act, which includes funding for the Navy's proposed military biofuels program."
MLP Markets Had 'Too Much Input' (08/06/2012)
"This week in the MLP space, we had too much input, with a constant stream of earnings releases and conference calls, schizophrenic commodity prices and a volatile overall stock market."
Summer Slump in Silver Prices Closer to an End (08/06/2012)
"Silver prices have suffered this year as the white metal has lost its luster as a safe-haven investment, but the pullback has slowed and may be bottoming out."
How to Cure Aging, Disease and Low Stock Performance (08/06/2012)
"To live a longer and wealthier life, now's the time to add companies with inflammation-beating products to your medicine cabinet and your portfolio."
Fed Hits 'Kill' Switch on Liquidity (08/05/2012)
"Gold, as the ultimate safe haven at both ends of the long-wave, will eventually prove its merit as a store of value in deflation. Before we arrive at that critical juncture, however, there will undoubtedly be phases of volatility along the way that temporarily obstruct gold's forward progress."
Precious Metals Short-Term Outlook Is Bullish (08/05/2012)
"We believe that gold and gold stocks are primed to head higher in the coming weeks."
The One Ratio Every Energy Investor Should Use (08/05/2012)
"Energy Returned on Energy Invested (EROEI) is becoming a substantial element in the availability and cost of energy."
"Many of these new measures are disguised as taxes on businesses. The bulk of these 'stealth taxes' will be transferred to consumers via higher prices for drugs and health insurance."
"The Obama administration released a report on the Department of Interiors' contributions to the economy in 2011, during which it added $385B to the U.S. economy and supported more than 2M jobs."
Select frontier markets, once eyed skeptically as fraught with danger, are now some of the most robust economies in the world. But the shares of companies exploring and producing in these markets often continue to lag based on long-held fears that are no longer valid. How does an investor decipher that fine line between real and perceived? Carlos Andres, the chief analyst and managing editor of the Frontier Research Report and the Global Resource Investor, makes his living informing retail investors about risks in the junior resource space. In this exclusive interview with The Gold Report, Andres discusses how to capitalize on the narrowing gap between real and perceived risks in South America and beyond.
Gold to Rally Above $1,900/oz by Year-End: HSBC (08/03/2012)
"Gold could be one of the few assets to profit from the political and economic turbulence in the United States as the 'fiscal cliff' approaches."
Try as He Might, Mario Draghi Cannot Save the Euro (08/03/2012)
"Eventually, the Eurozone will break up and drag the global economy right down with it. In the long run, that will mark the beginning of the recovery, but in the short run it will precipitate a banking and economic crisis that will make 2008 look like child's play."
Survey Majority Sees Higher Gold Prices Next Week (08/03/2012)
"Of the 21 survey participants, 12 see prices up, while 4 see prices down and 5 are neutral or see prices moving sideways. Market participants include bullion dealers, investment banks, futures traders, money managers and technical-chart analysts."
Is Gold Mining Healthy? (08/03/2012)
"In 2011, gold-mine production came in at an all-time record high. And in 2012 experts anticipate production to be even higher. But is the gold-mining industry truly healthy?"
As coeditor of Technology Profits Confidential and contributor to Breakthrough Technology Alert and Penny Sleuth at Agora Financial, Ray Blanco searches far and wide for breakthrough ideas and disruptive technologies that will change the lives of very sick patients. In this exclusive interview with The Life Sciences Report, Blanco discusses how investors can reap big gains with biotech companies that possess disease-busting platforms but are not yet fully valued by the markets.
Catalysts Give Energy Stocks a Jolt: Jocelyn August (08/02/2012)
Small- and mid-cap energy stocks respond to big news in big ways. Senior Analyst Jocelyn August of Sagient Research keeps track of events and related share price movements that can shed light on how stocks will perform when new triggers are pulled. In this exclusive interview with The Energy Report, August discusses some of her favorite and not-so-favorite names that could make profits (or losses) for attentive investors.
It hasn't been a very exciting year for most energy stocks, but therein lies the opportunity for selective buyers with a longer-term view. In this exclusive interview with The Energy Report, Tim Murray, oil and gas analyst at Desjardins Securities, explains why he prefers small-cap producers in this market environment and discusses a few favorites he expects will outperform.
"When most people think of 'gold-based currencies,' they think of gold coins. But, actually, gold coins themselves are probably the least important part."
In Junior-IPO-Land, Money Favors Old Hands (08/02/2012)
"What the shape of June and July IPOs illustrate more than anything else is that pedigree counts now more than ever."
"When Greece required a generous bailout from EU creditors, we were led to believe that part of the collateral, to be forfeited on default, was the 111 tonnes of gold owned by Greece. It is this gold that is in danger of being lost to the nation now."
"This year's moderate winter lowered demand for electricity, which in turn impacted demand for thermal coal. However, the warm summer has restored demand and the stockpile has diminished."
"Conventional wisdom holds that, when it comes to deploying new medical technologies, the U.S. is much slower than Europe’s four largest markets. Conventional wisdom is wrong."
"Big pharma's preference for commercial-stage assets, rather than clinical trial-stage drugs carrying regulatory approval risk, means that companies tend to pursue multibillion-dollar transactions rather than going for smaller deals."
Renewable Energy Plagued by a Host of New Problems (08/01/2012)
"The primary ally of alternative sourcing—the acceleration in the price of hydrocarbons—has been absent. So if you're wondering why I spend so much time these days talking about oil and gas, the answer is simple. It's the price."
Adrian Day, principal of Adrian Day Asset Management, which manages portfolios for high-net-worth clients, believes that it is time for the gold pendulum to swing away from the excessive pessimism in the market and finds that now is an exceptional time to buy gold equities. In this exclusive interview with The Gold Report, Day explains why gold is ready to rebound and why prospect-generator and royalty companies are king.
What Moves Gold Stocks?: Jocelyn August (08/01/2012)
Gold and precious metals stocks are certainly affected by the price of the underlying commodity, but the most important catalysts that move prices revolve around resource assessments and production schedules. Sagient Research Senior Analyst Jocelyn August watches her companies like a hawk and records detailed data on how stocks move when certain events are made public. In this exclusive interview with The Gold Report, August shares her thoughts about a select group of stocks and what events might move these shares over the next quarter.
Gold Tied to Central Bank Moves (08/01/2012)
"'Investors [are] continuing to favor the U.S. dollar over bullion as the key safe-haven trade,' says a note from ANZ Bank."
"China's insatiable appetite for electricity will continue to drive the nuclear renaissance. Twenty-six nuclear power reactors are under construction on the Mainland, with an additional 51 facilities at some stage of advanced planning."
The US Energy Supply Mix Debate Continues (08/01/2012)
"Low natural gas prices thanks to hydraulic fracturing and a drop in demand for electricity are having big effects on the use of coal for power generation."
"To meet rising demand for lithium-ion batteries in electric cars, laptops and other devices, Mitsubishi Plastics Inc. is opening a second facility in Japan making polyolefin-based films for lithium-ion batteries."
China's Energy Frontier Expands to Disputed Waters (08/01/2012)
"First came the diplomatic offensive, then the flexing of military muscle. Now, China is moving ahead with its first major tender of oil and gas blocks in disputed parts of its waters."
The Quiet Outperformance of Recent Biotech IPOs (08/01/2012)
"New biotech IPOs have quietly been putting points on the board with their post-IPO performance. It's now fair to say they have resoundingly outperformed their tech cousins in the public markets."
New Hope for Alzheimer's Disease (08/01/2012)
"Optimism has been fostered by the more than 150 firms working in Alzheimer's pace and the countless approaches being explored."
|"BAR's Martiniere project hosts considerable mid- to high-grade gold."|
|"ML has signed an agreement with Liberty One Lithium and the cash payment schedule seems to be very advantageous for ML."|
|"INO announced a collaboration with Roche to evaluate their DNA-based immunotherapies in advanced bladder cancer."|
|"Infill drilling at TV's Halfmile hit mineralization in the Lower zone."|
|"PVG poured first gold at its Brucejack mine."|