Streetwise Articles
Gold and Silver Rise Near Records
Source: The Street, Alix Steel (4/4/11)
"Gold prices reach for new highs while silver hovers near 30-year record as investors seek protection against inflation."
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Southwest Sees Copper Boom
Source: Associated Press (4/4/11)
"With prices high, the hunt for copper in the American Southwest is experiencing a revival."
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Canada Warns EU of Oil Sands Trade Conflict
Source: Reuters, Pete Harrison (4/4/11)
"The EU wants suppliers to cut carbon footprint of fuels 6% over 10 years."
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Kuwait to Overhaul Oil Industry
Source: The National, Tamsin Carlisle (4/4/11)
"Nation's plans to boost oil production capacity are in disarray at a time when the OPEC exporter should be reaping huge benefits."
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Alaska Pushes to Expedite Offshore Drilling
Source: The Wall Street Journal, Cassandra Sweet (4/4/11)
"Gov. Sean Parnell wrote that 'Alaska is the United States' most important and abundant domestic source of future oil and gas.'"
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Ending Nuclear Power Could Impact Social Equality
Source: AFP, Spencer Kimball (4/4/11)
"It's not enough to simply say we're turning off the switch."
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World Bank to Limit Coal-Fired Power Plant Funding
Source: Guardian, Fiona Harvey (4/4/11)
"The bank could still end up spending more than ever on fossil fuels."
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Tanzania Looks to Gold and Base Metals for Growth
Source: All Africa, Leonard Magomba (4/3/11)
"Tanzania hopes to grow its mining industry by at least 7.7% annually for the next five years."
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James West: Junior Gold and Silver E&P Opportunity
Source: Brian Sylvester of The Gold Report (4/1/11)
Despite confusing short-term undulations in the price of gold, the shaky foundation under the U.S. dollar could result in long-term opportunities for gold and silver juniors, says Midas Letter Publisher and Editor James West. In this exclusive interview with The Gold Report, James shares some of his top-15 companies to watch.
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Where Silver's Been and Where It's Going
Source: Julian Phillips, Gold Forecaster (4/1/11)
"The future for silver looks remarkable."
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Junior Gold Stocks 6
Source: Scott Wright, Zeal Research (4/1/11)
"Well-orchestrated research is the only way to identify elite juniors."
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Copper May Approach $11,000/Mt. in 2011
Source: Platts, Andy Blamey (4/1/11)
"Copper will remain in fundamental deficit this year and next."
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Frank Holmes Watches Public Policy for Investment Direction
Source: Kitco, Allen Sykora (4/1/11)
"'Negative real interest rates are usually bullish for gold. And the cost of war and massive deficit created a tipping point for the USD,' says Holmes."
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Gold Prices Fall on Strong Jobs Report
Source: The Street, Alix Steel (4/1/11)
"Investors ditch the safe haven metal for stocks and trade in their gold for cash after the metal's 1.3% rally in the first quarter."
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Thermoelectric Materials: Recycling Energy
Source: PhysOrg, Agatha Bardoel (3/31/11)
"Researchers study NASA technology for energy-saving applications. Thermoelectric technology uses low-grade heat wasted in industrial processes."
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Kenya's Gold Rush Sparks New Demand for Bank Loans
Source: All Africa, Moses Michira (3/31/11)
"The Central Bank of Kenya's 'mining and quarrying' sector recorded the highest growth of new loan accounts in recent months as explorers flock to the mineral-rich region."
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Explosion Unlikely, Says Japan
Source: The Hindu (3/31/11)
"Japan and the IAEA share the assessment that 'there is no likelihood of reactor explosion' at the Fukushima Dai-Ichi nuclear plant."
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The Swiss Franc or Euro: Good as Gold?
Source: Adrian Ash, BullionVault (3/31/11)
"Seems you can't keep a safe haven down. . ."
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South Africa Delays Return of Mineral Prospecting
Source: Bloomberg, Carli Lourens (3/31/11)
"A new online computer system meant to eradicate mismanagement in the mining industry is not yet ready. This is the second delay in the PGM-rich nation."
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Oil Prices Jump Above $106
Source: CNN Money, Ben Rooney (3/31/11)
"USD weakness, turmoil in the Middle East continued to stoke supply concerns. The different approaches to monetary policy could set the stage for a period of prolonged dollar weakness, traders said"
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Mickey Fulp: Long-Term Uranium Demand Will Continue
Source: Karen Roche of The Energy Report (3/31/11)
The peripatetic Mercenary Geologist Mickey Fulp explains that even if all under-construction and planned nuclear facilities are suspended, not enough uranium is being mined currently to supply ongoing demand. In this exclusive interview with The Energy Report, Mickey reveals a number of companies poised to benefit from this long-term fundamental upside.
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Turkey Gold Beats Banks as Erdogan Fights Inflation Worries
Source: Bloomberg, Steve Bryant and Ilan Kolet (3/31/11)
"For every Turk who saved in a deposit account last year, three opted for gold or cash, putting nation's banks at risk."
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Philippine Miners Worried by Provincial Bans
Source: Reuters (3/31/11)
"The threat of hefty compensation claims prompts government deliberation. 'Not one mineralized country has ever put a stop on its mining industry,' asserts mining CEO."
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Greenpeace Asks Facebook to Unfriend Coal
Source: Web Pro News, Mike Sachoff (3/31/11)
"Greenpeace is asking Facebook to develop a plan by 2021 to be entirely coal-free. Telecommunication networks will consume about 1,963 billion kilowatts hours of electricity in 2020."
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RCR Research on the Uranium Sector
Source: Fortbridge (3/31/11)
"Uranium market to be buoyed by solid fundamentals mid to long term. Any impact from Japan on the contract price is expected to be temporary"
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