Streetwise Articles
Geothermal Heats Up Kenya's Energy Sector
Source: Clean Technica, Andrew Burger (9/6/11)
"Nineteen companies submitted bids to Kenya's state-owned Geothermal Development Co. to develop eight 100-MW geothermal power plants in the Bogoria-Silali block of northwestern Kenya."
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Brazil to Hike Mining Royalties
Source: Reuters (9/6/11)
"Brazil's overhaul of its mining code will likely double average royalty rates for minerals."
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Diamonds Lose Shine
Source: Mining Weekly, Matthew Hill (9/6/11)
"Analysts say the pullback was due."
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Silver and Silver Stocks Forming Bullish Cup and Handle Pattern
Source: Jordan Roy-Byrne, The Daily Gold (9/6/11)
"A cup and handle pattern is a bullish continuation pattern that represents a period of consolidation followed by an eventual breakout."
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Mugabe Expects Foreign Firms to Abide by Stakes Plan
Source: Reuters, Nelson Banya (9/6/11)
"President says foreign investment is safe, after investors stepped back due to the plan to force foreign companies to turn over shares."
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Swiss Pledge Unlimited Currency Purchases
Source: Bloomberg, Klaus Wille (9/6/11)
"The Swiss central bank imposed a ceiling on the franc for the first time in more than three decades."
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Closure Notice Leaves Dubai Gold Retailers Puzzled
Source: Gulf News, Aya Lowe (9/6/11)
"Retailers in Dubai Mall's gold souk have been given just over three weeks to close up their shops."
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Romania to Bolster National Gold Reserves
Source: Mediafax (9/6/11)
"While the central bank gold reserve is adequate for now, nobody knows what could happen in upcoming years, Governor Mugur Isarescu says."
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Index Distortions and Share Investment
Source: Neil Charnock, GoldOz (9/6/11)
"There is hope, but there are traps if you don't understand the deleveraging game or the debt collapse shuffle."
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The Life Cycle of a Gold Mine: Assessment and Approval
Source: Leia Toovey, Gold Investing News (9/6/11)
"The resource will never be brought to market unless the company can properly assess and present the total environmental and socio-economic impacts."
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Melting Down Grandma's Ring
Source: Daily Finance, Bruce Watson (9/6/11)
"The key to getting the highest price for scrap gold is finding out how much it is actually worth."
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The Start of an Energy Storage Breakthrough
Source: Kent Moors, Money Morning (9/5/11)
"A tiny upstart company just made a major move toward revolutionizing energy storage. The cost of renewable energies could come down dramatically, making them viable competitors in the energy marketplace."
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Uranium Sector Overview
Source: Resource Capital Research Report (9/5/11)
"Despite ongoing short-term market impacts from Fukushima, uranium's long-term fundamentals are sound, with strong and increasing demand for new nuclear power reactors."
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MLPs Rise Until Jobs Don't
Source: Hinds Howard, MLP Hindsight (9/5/11)
"MLPs finished August on a very strong note, closing 12% higher than the August 8th low."
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The Black Monday the Public Doesn't Know About
Source: Chris Vermeulen, TheGoldAndOilGuy (9/5/11)
"We will need to see some resolutions in Euro-land before gold will trade lower or sideways."
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Governments Buying Gold
Source: Julian Phillips, Gold Forecaster (9/5/11)
"Opportunism may have guided his decision, but Chavez' reclamation of Venezuela's gold was an excellent investment move. Others will follow."
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Kuwait, Saudi Boosted Oil Output to Ease Prices
Source: AFP (9/4/11)
"'Without this measure, oil prices would have shot above current levels causing a global crisis and contributing to a recession in the global economy.'"
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Tracking Gold
Source: Doug Hornig, Casey Research (9/2/11)
"Why don't ETFs track gold more closely? For those unfamiliar with the workings of this innovative way to 'own gold,' it's worth going over a few of the details."
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Rick Rule: Play Metals Stock Volatility to Win
Source: Special to The Gold Report (9/2/11)
In March of 2011, Global Resource Investments Founder and Chairman Rick Rule predicted a time of unprecedented volatility. As investors struggle to recover from what, indeed, turned out to be one of the most up-and-down months in history, this special Gold Report from his latest web broadcast outlines his secrets for using volatility as a tool to take advantage of new opportunities.
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Gold Leaps as Recession Looms
Source: Ben Traynor, BullionVault (9/2/11)
"Gold rose on U.S. jobs data that showed no added jobs in August—the worst result since September 2010. Silver prices meanwhile smashed through $43/oz."
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Miners Just Beginning Breakout
Source: Jeb Handwerger, Gold Stock Trades (9/2/11)
"Everything has its season. It appears to be the miners' time under the sun."
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Why Juniors?
Source: Richard (Rick) Mills, Ahead of the Herd (9/2/11)
"Juniors, not majors, own the world's future mines and are the most adept at finding them."
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The Credibility Crash
Source: David and Eric Coffin, HRA Advisories (9/2/11)
"Brinkmanship on one side, bumbling on the other, and markets caught in the middle: It's been a terrible month for markets."
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Pink Sheets Basics: How to Profit Without Getting Fleeced
Source: Money Morning (9/2/11)
"Small-cap pink sheets stocks can be extremely lucrative, but you have to make the right moves to rake in the big profits."
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Silver and Gold, Different Steps But Same Dance
Source: Hubert Moolman, HGM and Associates (9/2/11)
"If we use gold's performance to establish a target for silver, it would appear that $80 would be a minimum."
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