Streetwise Articles
Peru Ends Illegal Mining
Source: Press TV (2/21/11)
"The government sent about 1,000 security forces to destroy illegal operations."
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Gold Roars Above $1,400 as Mideast Violence Spreads
Source: Reuters (2/21/11)
"ETFs stayed soft as interest in the physical market surged on unrest."
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Egypt: Placebos, Protests and PM Breakouts
Source: Jeb Handwerger, Gold Stock Trades (2/21/11)
"The best opportunities emerge in times when fear reaches an extreme."
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Can Middle East Revolutions Affect the Gold Price?
Source: Julian Phillips, Gold Forecaster (2/21/11)
"Extreme crises have prompted more accumulation of precious metals."
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PG&E May Have Avoided Mandatory Testing Before San Bruno Blast
Source: San Francisco Chronicle, Jaxon Van Derbeken (2/21/11)
"Experts say testing would have identified the flawed seam weld that causes the deadly Sept. 9 San Bruno rupture."
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Judges Will Try Anew to Settle Coal Slurry Lawsuit
Source: Associated Press, Vicki Smith (2/21/11)
"Coal industry claims underground slurry injection is safe; critics say slurry leaches into water tables with harmful results."
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Indonesia Orders State-Owned Utility to Buy Geothermal Power
Source: Bloomberg, Yoga Rusmana and Bambang Djanuarto (2/21/11)
"The decree aims to provide a legal platform for accelerating geothermal development."
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Denver-Area IKEA to Utilize Geothermal, Solar Power
Source: Eco Friend News (2/21/11)
"IKEA updates store design with cost-cutting renewable energy sources."
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France Aims to Streamline, Unify Nuclear Industry
Source: Reuters, Marie Maitre and Emmanuel Jarry (2/21/11)
"Another effort to put behind public disputes between Areva's and EDF's heads."
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New Lithium-Ion Batteries Fix Themselves
Source: Science News, Devin Powell (2/21/11)
"We've tested this in real batteries, and it works beautifully."
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Oil Sands Row Threatens Canada-EU Trade Deal
Source: Reuters, Pete Harrison and Juliane von Reppert (2/21/11)
"Canadian officials denied they've threatened to scrap the trade deal."
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Environmental Groups Hail EPA Mercury Rules
Source: Associated Press, Mary Esch (2/21/11)
"EPA has until November to make the rules official. Companies would have three years to comply."
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Silver Market Update
Source: Clive Maund (2/20/11)
"Silver at $50 is a reasonable objective for later this year."
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Gold Market Update
Source: Clive Maund (2/20/11)
"Are gold and silver about to reverse to the downside again?"
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Northern Ontario Pipeline Explodes in Fireball
Source: Toronto Sun, Kristy Brownlee (2/20/11)
"The pipeline ruptured and caused a massive blast that led to an evacuation."
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Accumulate Gold, Be Cautious on Silver
Source: Jordan Roy-Byrne,
"Silver is outperforming gold as a risk asset—not for monetary reasons."
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Gold's Bull Market
Source: Mary Anne & Pamela Aden, Aden Forecast (2/18/11)
"Use upcoming weakness to buy with both hands."
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DOI Looking to Ban Mining Near Grand Canyon
Source: Mineweb, Dorothy Kosich (2/18/11)
"Proposed withdraw encompasses one million acres near the Grand Canyon."
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Chinese Move Knocks Copper; Gold, Silver Glitter
Source: Reuters, Eric Onstad (2/18/11)
"Fresh move by China to curb inflation undermines copper prices."
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Takeover Talk with Michael Fowler
Source: Brian Sylvester of The Gold Report (2/18/11)
These days, gold producers have lots of cash on hand and are looking to add strategic acquisitions to their portfolios. Senior Mining Analyst Michael Fowler (Loewen, Ondaatje, McCutcheon) is more than willing to speculate on potential takeovers in this exclusive interview with The Gold Report. Michael also talks about some undervalued names in his coverage universe, including one junior he thinks could climb 210% before year-end.
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Bottleneck or Supply Deficit?
Source: Jeff Clark, BIG GOLD (2/18/11)
"I think the demand side of the equation is the one to watch."
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Ed Sterck: Spare Cash? Park It in Uranium
Source: Brian Sylvester of The Energy Report (2/17/11)
BMO Capital Markets Mining Analyst Ed Sterck projects a very moderate $60/lb. uranium price in 2011, but that shouldn't stop you from investing in the uranium space. "This is a sector that is very prone to sentiment and, at the moment, the sentiment is building toward the possibility of a price spike," he says. He also expects to see more M&A activity in the sector, particularly among uranium juniors with reasonably priced projects. Read on to find out which companies Ed likes in this exclusive interview with The Energy Report.
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Nymex Crude Flat as Traders Eye Middle East Tensions
Source: Dow Jones, Jerry DiColo (2/17/11)
"Unrest in the region has kept oil markets on edge."
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Antimony Sky-High and Rising
Source: MetalMiner, Taras Berezowsky (2/17/11)
"Prices show remarkable upward movement; up 230% since April 2009."
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