Streetwise Articles
US May Speed Approval of 'Breakthrough' Drugs
Source: Reuters, Anna Yukhananov (5/9/12)
"Experimental drugs that show a big effect early in development for treating serious or life-threatening diseases would get a faster and cheaper path to U.S. approval under a proposal likely to become law this year."
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GlaxoSmithKline Goes Hostile in Bid for Human Genome Sciences
Source: Miyanville, Brett Chase (5/9/12)
"GlaxoSmithKline has launched a hostile bid for Human Genome Sciences, three weeks after the biotech spurned a $2.6B takeover offer."
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Scientists Discover New Inflammatory Target
Source: ScienceDaily (5/9/12)
"Scientists from Queen Mary, University of London have found a new therapeutic target to combat inflammation. The findings could lead to potential therapies for millions of people who suffer from arthritis."
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Why Anti-Fracking Groups Are Shifting Their Story from Water to Air Quality
Source: Colin Harris, Energy InDepth (5/9/12)
"The point is not that capturing emissions in a cost-effective and technically feasible manner lacks any merit or that the industry should grouse about regulation. Rather, the public should know that air emissions associated with hydraulic fracturing (where they exist) remain a small part of a very large and complex issue."
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The Great Push for Arctic Oil Continues
Source: James Baldwin, Money Morning (5/9/12)
"The Statoil/Rosneft deal illustrates how greater exploration cooperation around the globe can potentially enable companies to provide greater reassurance to their individual shareholders. But this requires a lot of trust."
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Gold Rally Should Begin Soon
Source: Hubert Moolman (5/9/12)
"The bullish expectation is still very much justified. We would need a turnaround very soon though, to continue the mega-bullish expectation."
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Different Demands Drive the Gold Price, Part I
Source: Julian Phillips, Gold Forecaster (5/9/12)
"The differences in the motives for buying and selling gold have a considerable impact on the price of gold. That's what makes an understanding of these so critical."
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Taxing Jobs out of Existence: George Will on the Medical Device Tax
Source: Washington Post, George Will (5/9/12)
"In 2010 Congress, ravenous for revenue to fund Obamacare, imposed a 2.3% tax on gross revenue from U.S. sales of medical devices beginning in 2013. The tax might, however, be repealed."
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Small Uranium Equities Tempt Major Players: Rob Chang
Source: George S. Mack of The Energy Report (5/8/12)
Investors may still be holding their breath, but larger mining companies aren't waiting around for the price of uranium to go up. No, indeed, they are buying smaller companies on the cheap. In this exclusive interview with The Energy Report, Equity Research Analyst Rob Chang of Versant Partners makes his case for deep value and discusses his favorite plays. With or without Germany and Japan, life goes on for uranium producers.
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Straight Talk from The Graphite Express
Source: Brian Sylvester of The Critical Metals Report (5/8/12)
In early May, the Graphite Express Conference rolled in to Toronto for a date with investors looking to punch a ticket to big returns. Twelve companies and two speakers made their pitch to roughly 300 investors at the Sheraton Center, curious to see if the graphite train would indeed pick up pace, and which companies look ready to jump aboard.
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Junior Sector 'Primed for Consolidation'
Source: Kip Keen, Mineweb (5/8/12)
"Though metal prices remain high, Haywood noted, investors continue to avoid the junior market. But Haywood concluded its junior market précis reasoning increased M&A activity may be on the horizon."
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Will A Euro Breakup Boost Gold and Silver Prices?
Source: Jeb Handwerger, Gold Stock Trades (5/8/12)
"We may see a new round of Euro uncertainty this summer, which could lead to the next leg higher in precious metals."
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Natural Gas from the Black Sea: A Cause for Optimism
Source: John Roberts, Platts (5/8/12)
"The Black Sea is moving. Ukraine is expected to issue tenders for two new prospects in the next couple of months while companies in Romania are preparing to build on recent discoveries with a new round of drilling next year."
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It's This Bad Because It's a Bottom: Eric Coffin
Source: Brian Sylvester of The Gold Report (5/7/12)
Eric Coffin, editor and publisher of the Hard Rock Analyst newsletter, has never heard so much negativity from investors. "Everybody thinks the world is coming to an end," he tells The Gold Report. As a contrarian, all the doom and gloom tells him the market is about to pull out of its tailspin. In this exclusive interview, Coffin talks about the hard-hit juniors in the Yukon and why it's an area play he still believes in.
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The End of the Debt Supercycle Draws Near: John Mauldin
Source: Karen Roche and JT Long of The Gold Report (5/7/12)
Are developed nations across the globe at the precipice of oblivion? Yep, says pundit John Mauldin. Fresh after the announcement of a new joint venture with Casey Research and the conclusion of his own Strategic Investment Conference in Carlsbad, Mauldin spoke to The Gold Report. He believes that investors have a small window to save their investments from the end of the debt supercycle, but they'll have to move fast.
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Warren Buffett and Charlie Munger Tag Team Gold
Source: Eric McWhinnie, Wall St. Cheat Sheet (5/7/12)
"The United States and the Federal Reserve system holds more gold than any other country in the world."
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Keeping the Decline in Gold Stocks in Perspective
Source: Jordan Roy-Byrne, The Daily Gold (5/7/12)
"With the current low valuations and extreme negative sentiment combined with the strengthening real price of gold (which implies future margin increases), we have little worry that this sector will explode in the coming years."
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Political Change Will Put Pressure on Gold and Silver Prices
Source: Bob Kirtley, SK Options Trading (5/7/12)
"This is going to be a rather volatile week for investors, a time to wear your hard hat and exercise patience with your trading activities."
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Derivative Manipulation Hits the Oil Market
Source: Kent Moors, Oil & Energy Investor (5/7/12)
"The real reason we have witnessed a retreat in crude pricing has little to do with the condition of the market or the actual demand for product. It is the result of a classic yo-yo short in anticipation of a major advance in the price."
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Rick Rule: Gold Will Do Well as Fiat Currencies Are Debased
Source: Peter Krauth, Money Morning (5/7/12)
"Virtually every substance vital to modern life will become enormously expensive—and profitable for investors who know how to play it."
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Researchers Tap into the Final Frontier: The Sea
Source: Patricia F. Dimond, Genetic Engineering & Biotechnology News (5/7/12)
"Currently, 13 therapeutic agents with marine origins are in clinical development."
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Gold Is at or Very Near a Long-Term Bottom
Source: Toby Connor, Gold Scents (5/7/12)
"As soon as Bernanke broke the dollar rally, gold lost all of its downside momentum. This has turned gold's B-wave decline into a mostly sideways consolidation for the last two months."
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MLPs Float on Falling Tides
Source: Hinds Howard, MLP HINDSight (5/7/12)
"The sky is not falling and MLPs held steady this week, with the MLP Index down just 0.6%."
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The Dollar & Gold Have Eyes on Europe
Source: JW Jones, Options Trading Signals (5/5/12)
"I remain a gold bull in the long term. However, in the short run the dollar has the potential to outperform gold under the right circumstances."
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The Emperor is Naked: David Stockman
Source: Karen Roche and JT Long of The Gold Report (5/4/12)
A "paralyzed" Federal Reserve Bank, in its "final days," held hostage by Wall Street "robots" trading in markets that are "artificially medicated" are just a few of the bleak observations shared by David Stockman, former Republican U.S. Congressman and director of the Office of Management and Budget. He is also a founding partner of Heartland Industrial Partners and the author of The Triumph of Politics: Why Reagan's Revolution Failed and the soon-to-be released The Great Deformation: How Crony Capitalism Corrupts Free Markets and Democracy. The Gold Report caught up with Stockman for this exclusive interview at the recent Recovery Reality Check conference.
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