Streetwise Articles
U.S. Nuclear Industry Tested by Twin Threats from Mother Nature
Source: Bloomberg, Julie Johnsson and Brian Wingfield (8/24/11)
"The systems at every U.S. nuclear energy facility where the earthquake's effects were felt responded as designed."
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Oil Trade Links to Syria Cut Ahead of Embargo
Source: Financial Times, Javier Blas and Sylvia Pfeifer (8/24/11)
"Industry executives said that several traders and foreign oil companies had over the past few days quietly stopped dealing with Syria."
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Oil Trade Links to Syria Cut
Source: Financial Times, Javier Blas and Sylvia Pfeifer (8/24/11)
"The world's largest oil traders and international oil companies are severing their trade links with Syria as the EU prepares to impose an oil embargo."
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Canada Committing to Electric Vehicle Industry
Source: Lithium Investing News, Dave Brown (8/24/11)
"Canada is creating the framework for programs that further electric vehicle initiatives, especially those which support potential lithium-ion battery recycling."
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Gold Update: Buy This Dip with Both Hands
Source: Jason Hamlin, Gold Stock Bull (8/24/11)
"Growing demand has been creating dips that are both shorter and less severe."
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Chasing Rare Earths
Source: New York Times, Keith Bradsher (8/24/11)
"Companies that continue making their products outside the country must contend with tighter supplies and much higher prices."
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North Korea Exploring for Lucrative Rare Earth Elements
Source: Oil Price, Charles Kennedy (8/24/11)
"North Korea has begun seeking REE deposits to help with its chronic international trade and budget deficits."
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China to Appeal WTO Ruling
Source: AFP, Fran Wang (8/24/11)
"China, under pressure to relax controls, said it would appeal against a WTO ruling that it illegally restricted exports of other key raw materials."
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Helen O'Malley: The Manganese Market, a New Economic Growth Barometer?
Source: Brian Sylvester of The Critical Metals Report (8/23/11)
Manganese's many uses in infrastructure and building materials make its market a strong barometer for gauging the world economy. Soaring growth in countries like China and India has led to high global demand. In this exclusive interview for The Critical Metals Report, Helen O'Malley, a bulk manganese specialist with CRU International in London, discusses how manganese prices are closely tied to the economy and, in contrast to exchange-traded base metals, overwhelmingly determined by supply and demand.
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Christopher Henwood: Get Out of the Way and Let Markets Work
Source: George Mack of The Energy Report (8/23/11)
Thomson Reuters' Commodity and Energy Specialist Christopher Henwood believes bailouts of too-big-to-fail companies and countries addicted to entitlements have cast an ominous shadow over the global economy. Nevertheless, he finds room for optimism as global economic turmoil puts downward pressure on energy prices, which should give the economy some breathing room. In this exclusive interview with The Energy Report, Chris shares a bit of his market knowledge and economic philosophy.
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EPA Plans Wave of Coal Plant Shutdowns
Source: Daily Mail (8/23/11)
"Tensions are rising between environmental, industry groups and Republican members of the House, who say the regulations will result in higher electric bills, more blackouts and fewer jobs."
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U.S. Makes Nuclear Fuel Reserve Available
Source: World Nuclear News (8/23/11)
"The material is to be available as a backup fuel supply for foreign or domestic nuclear reactors in the event of a supply disruption."
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Renewable Energy Bill Clears Japan's Lower House
Source: Dow Jones, Mitsuru Obe (8/23/11)
"The bill aims to reduce Japan's greenhouse gas emissions by 25% by 2020 from the 1990 level."
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MLP Thoughts: Vegas Baby
Source: Hinds Howard, MLP Hindsight (8/23/11)
"If rates remain below 2.5% for a sustained period, cash should eventually seek out high-yield alternatives like MLPs. Meanwhile, most of Wall Street is on vacation."
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(8/23/11)
including Thomson Reuters' Commodity and Energy Specialist Christopher Henwood's interview in today's Energy Report discussing his strategy for hedging uncertainty with gold and oil.
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Gold Prices Hit Another Record But Silver Is the Play to Make
Source: Jason Simpkins, Money Morning (8/23/11)
"Gold prices are headed higher, but silver, since it took a spill earlier this year, actually has more upside at the moment."
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Dow:Gold Ratio and the Secular Bear Market
Source: Toby Connor, GoldScents (8/23/11)
"It's entirely possible that we could see a Dow gold ratio of 1:5 before the trends reverse."
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Five Steps to Take Before Economic Collapse
Source: Porter Stansbury, The Daily Crux (8/23/11)
"You cannot create wealth from a printing press."
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Laser Advances in Nuclear Fuel
Source: New York Times, William J. Broad (8/23/11)
"Critics fear that if the work succeeds and the secret gets out, rogue states and terrorists could make bomb fuel in much smaller plants that are difficult to detect."
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U.S. to Slash Marcellus Shale Gas Estimate 80%
Source: Bloomberg, Jim Efstathiou Jr. and Katarzyna Klimasinska (8/23/11)
"The revised estimates are likely to spur a debate over industry projections of the potential value of shale gas."
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Beijing Crackdown Hits Rare Earths Mining
Source: Financial Times, Leslie Hook (8/23/11)
"In recent weeks some of the mines gouged out of hillsides in Jiangxi province have been broken up, others mothballed."
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Pentagon Study Highlights REE Supply
Source: Bloomberg, Gopal Ratnam (8/23/11)
"The F-35 Joint Strike Fighter is among 36 weapons that use high-powered magnets made from imported rare-earth material."
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A Timeline for Eroding China's Chokehold
Source: The Wall Street Journey, James Areddy (8/23/11)
"With geopolitical tension over critical minerals still elevated, government actions aren't helping to provide clear answers."
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Gold Hitting Record Highs: Time to Buy Undervalued Gold Miners
Source: Jeb Handwerger, Gold Stock Trades (8/22/11)
"This move may encounter ebbs and flows on its way to new heights. Constant vigilance for possible entry points on the way up is advised."
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Charles Oliver: Value Propositions in Turbulent Times
Source: Brian Sylvester of The Gold Report (8/22/11)
It's a good time to stock up on gold stocks, according to Charles Oliver, senior portfolio manager with Sprott Asset Management, who sees a number of the equities trading at their lowest prices of the decade. As he tells readers in this exclusive Gold Report interview, "Gold has gone up 20%. The stocks have gone down. They are very cheap. These companies are increasing their earnings, they're increasing their cash flow, they're increasing their dividends—what a great opportunity."
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