Streetwise Articles
Escaping the Great Depression, and Extending the Greater Depression
Source: Doug Casey, The Casey Report (2/11/11)
"The Greater Depression, still in its early stages, will be nasty indeed."
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Philip Williams: Uranium to Cross $100 Threshold in 2011
Source: Brian Sylvester of The Energy Report (2/10/11)
Philip Williams, Pinetree Capital's VP of business development, says the spot price for uranium will likely explode above $100/lb. in 2011. The good news, Philip says, is that even when uranium comes off its high, it will likely only fall to around $80. If Philip's right, we're on the cusp of another round of uranium market madness. Read this Energy Report exclusive for some of Pinetree's favorite uranium and lithium plays.
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The What and Why of Rare Earth Metals
Source: Frank Holmes, U.S. Global Investors (2/10/11)
"Estimates show global demand is expected to reach 205,000 tons by 2015"
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Abu Dhabi Planning Solar Energy-Generating Pyramids
Source: Construction Week Online, Elizabeth Broomhall (2/10/11)
"Project aims to harness energy, attract tourism with award-winning structures that double as sundials, lunar calendars."
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EPA Is Bulls Eye of House GOP Budget Cuts
Source: USA Today, Wendy Koch (2/10/11)
"Targeted programs include air pollution, drinking water, renewable energy. . ."
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Hackers in China Hit Western Oil Companies
Source: Associated Press (2/10/11)
"McAfee report said attackers stole information on operations, bidding for oil fields and financing."
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Massive Pa. Gas Blast Leaves One Dead, Five Missing
Source: MSNBC (2/10/11)
"The explosion was so powerful it was felt nine miles away in Bethlehem, Pa."
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Oil-Drilling Boom Underway
Source: The Wall Street Journal, Ryan Dezember and Matt Day (2/10/11)
"Drilling activity at an unprecedented pace in Eagle Ford, Bakken and Montney shale formations."
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Oil Pares Gains on Reports Mubarak Stepping Down
Source: Reuters, Jessica Donati (2/10/11)
"Prices whiplash on U.S. jobs data, talk of Saudi King's death and Mubarak's resignation."
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China Throws Rare Earths for Another Loop
Source: Motley Fool, Travis Hoium (2/10/11)
"Dubious plans?"
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CFTC Doesn't Have Budget to Enforce Dodd-Frank
Source: Bloomberg, Silla Brush (2/10/11)
"CFTC is requesting a $92M budget increase for the current fiscal year."
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SA Mining Output Up After Two Yeas of Decline
Source: Mining Weekly, Loni Prinsloo (2/10/11)
"Report showed a 6.5% jump in yearly output."
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Scotiabank to Sell Gold in Mexico, Dubai
Source: Bloomberg, Sean Pasternak (2/10/11)
"The bank's total revenue from precious-metals trading was $245M last year."
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SEC Probes Insider Trades with ETF Investigation
Source: MarketWatch, John Spence (2/10/11)
"SEC suspects traders are using exchange-traded funds to conceal insider trading."
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Scottish Gold Rush?
Source: The Daily Record, John Ferguson (2/10/11)
"Prospectors revealed they have found a new deposit in the Highlands."
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Despite Mexico's Silver Output Growth, Peru Still #1 in Silver
Source: Mineweb, Dorothy Kosich (2/10/11)
"Nation's silver production increased to 9,745,435 ounces in 2010."
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Spring Festival Boosts Gold Demand
Source: CNTV (2/10/11)
"The Chinese New Year festive period has boosted demand."
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Pricing the World in Gold: 4 Charts
Source: Adrian Ash, BullionVault (2/10/11)
"Gold is worth less than one-quarter of what it was in the early 1980s."
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Illegal Gold Mining Site Raided in Riau
Source: The Jakarta Post (2/10/11)
"Police raided an illegal gold mining site, confiscating 15 grams of gold."
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All That Glisters Is Not Gold
Source: Engineer Live (2/10/11)
"X-ray fluorescence analyzers perform instant alloy identification."
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Taylor MacDonald: The Perfect Storm for Gold
Source: Sally Lowder of The Gold Report (2/9/11)
"When you sidecar the dollar breakdown with quantitative easing," says Taylor MacDonald of Pathfinder Asset Management Ltd., "you essentially have a perfect storm forming for gold." Find out why Taylor expects the junior mining space to shine even brighter in 2011 in this exclusive interview withThe Gold Report.
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Fairtrade Gold Hits British Jewelry Markets
Source: The Independent (2/9/11)
"New standard aims to boost livelihoods of artisanal miners."
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China May Increase Gold Reserves Beyond Fort Knox Level
Source: Mining Weekly, Martin Creamer (2/9/11)
"China's central bank advised to increase gold holdings nearly tenfold."
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Gold, Silver Prices Take a Break
Source: The Street, Alix Steel (2/9/11)
"Technical trading drove the metals through key resistance areas."
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GATA Credited for Exposing Gold/Silver Market Manipulation
Source: GATA (2/9/11)
"It was evident that the CFTC was trying to ignore what was going on."
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