Streetwise Articles
Equities Are Hit with Panic Selling, What Does It Mean?
Source: Chris Vermeulen, TheGoldAndOilGuy (7/28/11)
"We are in for some choppy price action, but the odds are pointing to higher prices for both stocks and commodities."
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Calif. Governor Vows to "Crush" Foes of Renewable Energy
Source: Greenwire, Debra Kahn (7/28/11)
"Brown's goal is to build 12,000 MW of distributed renewable energy, extending former Gov. Schwarzenegger's target of 5,000 MW by 2020."
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U.K. to Plug Solar Tariff Loophole
Source: Reuters, Karolin Schaps (7/28/11)
"The Department of Energy and Climate Change aims to prevent developers from snapping up higher tariffs for projects of commercial size."
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World Gains From U.S. Natural Gas Abundance
Source: VOA News, Greg Flakus (7/28/11)
"A new study says the U.S. natural gas boom also may help ease energy problems in other parts of the world."
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Nuclear Power Use to Grow: IAEA
Source: Times Live (7/28/11)
"The International Atomic Energy Agency pledges to 'play the lead role in shaping a safer nuclear future throughout the world.'"
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Could a Natural Gas Cartel Emerge?
Source: Daily Green, Jim DiPeso (7/28/11)
"With oil, the results of global market reactions will soon show up at the corner gas station. Not so with natural gas."
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Gold's New High: Still Time to Buy?
Source: Mineweb, Simon Black (7/28/11)
"Nobody wants to be the sucker who buys gold at the top, only to watch it crater back to $1,200/oz. But here's some food for thought. . ."
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Canadian Miners See Higher Prices
Source: Mining Weekly, Liezel Hill (7/28/11)
"Bullish miners predict $1,700/oz. gold by year-end."
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Peru's President's Prudence
Source: Resource Clips, Ted Niles (7/28/11)
"Investors quailed when economic nationalist Ollanta Humala was elected President of Peru, which ranks first in the world for production of silver, second for copper and zinc and sixth for gold."
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Rare Earths Perking Up
Source: Seeking Alpha (7/28/11)
"There appears to be a bright spot in the rare earths arena."
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John Williams: Debt Limit Debate Sign of Deeper Dysfunction
Source: JT Long of The Gold Report (7/27/11)
ShadowStats Editor John Williams advises legislators to stop fooling around with the country's credit rating. Regardless of the deal reached, he predicts that the Treasury and Fed will continue to print money to meet obligations and add liquidity to the economy. In this exclusive interview with The Gold Report, he explains how that will have the effect of pushing the price of gold and other commodities even higher.
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Historic Move in the Gold Stocks Directly Ahead
Source: Jordan Roy-Byrne, The Daily Gold (7/27/11)
"We've been saying this for a while, but the reality is we are moving closer and closer to that moment."
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Debt Ceiling: What Now?
Source: William Poole, Merk Investments (7/27/11)
"In the past, when there have been fundamental conflicts, our leaders have found a way to compromise some way or other. Not this time."
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The World According to Gold
Source: James West, Midas Letter (7/27/11)
"Gold had been in exile from its rightful role as The Money. Now it's shouting obscenities as us. Rude yellow metal."
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U.S. Housing in Gold: One Comex Bar Only
Source: Adrian Ash, BullionVault (7/27/11)
"Inflationary or deflationary depression, it's like the long boom of affordable mortgages never happened. . ."
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Federal Reserve Can't Rescue Debt Debacle
Source: Washington Post, Neil Irwin (7/27/11)
"Could the Federal Reserve bail Congress and the Obama administration out of their standoff? No way, no how, says Bernanke."
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S. African Wage Talks in Mining Sector
Source: Reuters, Olivia Kumwenda and Ed Stoddard (7/27/11)
"South Africa's powerful National Union of Mineworkers (NUM) is set to strike on Thursday."
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Gold Sidelining Platinum and Palladium
Source: Mining Weekly, Martin Creamer (7/27/11)
"With gold and PGMs in parallel movement, the yellow metal may climb to $1,800/oz. by Christmas."
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Gold Futures Rise to Record on Debt Impasse
Source: Bloomberg, Pham-Duy Nguyen and Maria Kolesnikova (7/27/11)
"The cost of insuring U.S. debt rose to a 17-month high, and the dollar fell to a record against the Swiss franc."
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Vietnam Gold Trader Association Objects to New Proposal
Source: Stoxplus (7/27/11)
"The SBV's proposal will force local firms to cut gold purity further, while possibly raising production costs."
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Gold Strong, Silver Surging
Source: Mary Anne and Pamela Aden, The Aden Forecast (7/27/11)
"All factors considered, the fundamentals and the technicals are, and will continue to be, super bullish."
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Alternative Energy Stock Outlook
Source: Zacks Equity Research (7/27/11)
"Although the recent thaw in oil prices is casting a shadow over alternative energy stocks, they still remain above historical levels."
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For Rare Metals Mining Moon to Be "Massive Wealth" Creator
Source: Minyanville, Davis MacMillan (7/27/11)
"A moon-focused shipping company could eventually make a fortune hauling rare metals back to earth."
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Rare Earths Sales Likely to Triple by 2015
Source: Hyrdrocarbon Processing (7/27/11)
"World demand for rare earths is forecast to expand by 7.1% per year."
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The Reser Report: WantedDomestic Electrolytic Manganese Metal
Source: Ken Reser, special to The Critical Metals Report (7/26/11)
"The global shift to green energy has put pressure on metallurgical scientists to advance new applications. The days of infinite deposits and low base metals prices are overforever."
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