Streetwise Articles
Quinn Kiley: MLPs Show Fundamental Strength in Uncertain Times
Source: Brian Sylvester of The Energy Report (8/4/11)
As long as the investment environment remains "yield-starved and growth-challenged," MLPs will remain attractive, says Quinn Kiley, Fiduciary Asset Management's senior portfolio manager. In this exclusive Energy Report interview, Kiley shares his tips for finding the best apples in the NLG basket, where sector is just as important as size.
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The EPA Proposes New Drilling Regulations
Source: Kent Moors, Money Morning (8/4/11)
"This is one more aspect to watch in selecting the best moves to make in a sector that's rapidly shaking out."
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Glow at the End of the Tunnel
Source: Elizabeth Manning, Casey Energy Opportunities (8/4/11)
"Power generation is about balancing needs with impacts. Every major power source has drawbacks, but the developing world in particular needs more electricity. In that context, nuclear power is still a necessity."
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Oil Traders Ask, 'What Glut?'
Source: Reuters, Joshua Schneyer (8/4/11)
"Oil inventories in the Midwest and Cushing, Oklahoma, fell to their lowest this year. Midwest stocks are now lower than they were a year ago."
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Potash Producers Reaping Record Profits
Source: Globe and Mail, Paul Waldie (8/4/11)
"Stock markets may be shaky and North American economies sluggish, but one sector is showing no signs of slowing down—farm fertilizer."
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Gold, Medicare and Foreigners' Money
Source: Ben Traynor, BullionVault (8/4/11)
"Forty years ago this month the dollar lost its link to gold. The result was a growth in entitlement spending."
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XGD Update: Very Promising
Source: Neil Charnock, GoldOz (8/3/11)
"When long consolidations finally break to the upside, the move is usually explosive."
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James West: Time to Buy Battered Juniors
Source: The Gold Report (8/3/11)
Move into gold and silver was the advice James West, founder of the Midas Letter Opportunity Fund, gave Midas Letter subscribers in June. He recommended moving from the junior stock market to 100% gold, silver and precious metals funds backed by bullion. For a while it looked like a bad call. But as markets tanked, gold and silver soared, and it turned out to be a smart strategy. Now might be a good time to sell the metals and get back into the juniors, he says.
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Gold and the QE3 Ship: Are Both About to Sail?
Source: David Banister, Market Trend Forecast (8/3/11)
"With the ISM manufacturing index turning down and the GDP report rolling over, a QE3 ship horn is likely to sound soon."
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The 2011 Gold Season Is Just Around the Corner
Source: Frank Holmes, U.S. Global Investors (8/3/11)
"While the Fear Trade governed gold's activity this week, the Love Trade should keep the market buoyant as festival season approaches."
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Five Things You Need to Know About the Economy
Source: David Galland, Casey Research (8/3/11)
"Anything tangible will help offset the coming inflationgold and silver will likely do better than most."
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Gold Accelerates; Equities Enter Cyclical Bear Market
Source: Jordan Roy-Byrne, The Daily Gold (8/3/11)
"We've said all along that before gold begins a bubble, equities must peak and begin a mild bear market. That is now happening."
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Gold Market Report
Source: Ben Traynor, BullionVault (8/3/11)
"Gold sets dollar, pound and euro records; 'growing risk' of Eurozone credit crunch."
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Gold Prices Spike as Recession Worries Spread
Source: The Street, Alix Steel (8/3/11)
"Gold prices were soaring as worries that governments won't be able to grow their way out of debt caused a rush into the safe-haven asset."
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Gold ETFs Haul in $3.5B
Source: Reuters (8/3/11)
"Investors who were nervous about the looming debt ceiling showdown poured $3.5B into ETFs that own gold last month."
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NY Fracking Lawsuit Barred by Law, U.S. Says
Source: Bloomberg, Tiffany Kary (8/3/11)
"The U.S. government will ask a judge to dismiss a New York lawsuit that seeks a fuller environmental review of natural-gas extraction."
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S.A. Advancing Its Nuclear Energy
Source: Dow Jones, Devon Maylie (8/3/11)
"South Africa will diversify its energy base to include nuclear energy and generation will be run by the state."
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High Energy Prices Ensure Strong Q2 Results
Source: OilBarrel.com (8/3/11)
"Results from oil majors showed a flurry of telephone-style profits and a sector in rude financial health despite some underlying anxiety."
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Solar Panels Become a Cash Cow for Some Texans
Source: Fuel Fix, Purva Patel (8/3/11)
"Despite Houston's sweltering heat, Grady Hill hasn't paid an electric bill since 2009. Solar panels and an energy-efficient home make more power than he uses for most of the year."
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U.S. Dependence on Petroleum Imports Is Falling
Source: Kansas City Star, Steve Everly (8/3/11)
"The U.S. once imported two-thirds of what the country's refineries needed. In 2010, imports fell to 49%. What happened?"
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$50M to Aid U.S. Solar
Source: Renewable Energy World (8/3/11)
"The DOE's SUNPATH program was started to help the U.S. achieve gains in solar manufacturing."
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Global Lithium Supply Can Power EV Industry Through 2100
Source: MLive.com, Jonathan Oosting (8/3/11)
"Could a limited supply of lithium threaten to undermine both private and public investments? Not according to recent research."
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Tokyo Looks to Build Natural Gas Power Plant
Source: Japan Times, Takahiro Fukada (8/3/11)
"The Tokyo Metropolitan Government wants to build a natural gas-fueled plant that can generate equivalent electricity to one nuclear reactor."
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Structural Change in Gold, Silver and Currency Markets
Source: Julian Phillips, Gold Forecaster (8/3/11)
"We have to face the stark reality that the currency system we now live under globally cannot provide a true measure of value."
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China Minmetals Calls for REE Production Suspension
Source: Reuters, David Stanway and Ruby Lian (8/3/11)
"State-owned trader Minmetals has called on all firms in the REE sector to adhere to a national output quota by suspending production."
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