Streetwise Articles
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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Solar Power Could Become Major Source of Silver Demand
Source: Kitco, Allen Sykora (2/9/11)
"Solar industry could support silver as investors take a backseat."
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Africa Warned of Unrest if Resource Wealth Not Spread
Source: Reuters, Tiisetso Motsoeneng (2/9/11)
"With Africa facing 17 elections this year, voters may use the ballot box to demand a decent share of the pie."
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Vietnam Government Approves Eight Gold Mines in Ha Giang
Source: Intell Asia (2/9/11)
"Local governance ordered to select qualified companies to exploit mines."
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WikiLeaks: Saudi Arabia Has a Serious Oil Leak
Source: Daily Maverick (2/9/11)
"Saudi Arabia's oil reserves may be greatly overstated. . ."
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Israel Set to Join the Rich Countries Club
Source: OilPrice, Llewellyn King (2/9/11)
"Israel will soon be awash in natural gas."
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Oilsands Receive Modest U.S. Approval
Source: Calgary Herald (2/9/11)
"Security of supply concerns appears to be causing angst in Washington."
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Geothermal Energy Puts French Town in the Spotlight
Source: NTV (2/9/11)
"The bio-mass boilers run on recycled wood chips, heating the water and pumping it through the town along 30 kilometers of piping."
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