Streetwise Articles
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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USDA Corn Forecast Good News for Fertilizer Producers
Source: Potash Investing News, Leia Michele Toovey (2/9/11)
"U.S. corn supplies will match lows not seen in 15 years."
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Brawl Looms over Energy Tax Proposal
Source: MarketWatch, Robert Schroeder (2/9/11)
"White House prepares to release its budget for fiscal 2012 next week."
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Uranium Mining Focus of Richmond, VA Meeting
Source: Associated Press, Steve Szkotak (2/9/11)
"Opponents say state doesn't have the resources to oversee the largest uranium deposit in the U.S."
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High Altitude Bombing in Oil
Source: J.W. Jones, Options Trading Signals (2/9/11)
"Options trade in USO gives a high probability of success. . ."
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Kevin Bambrough: Fiat Currencies Are Worthless
Source: George Mack of The Energy Report (2/8/11)
In the world of resource investing, Kevin Bambrough, founder of Sprott Resource Corp. (SCP) and president of prestigious Sprott Inc., is one of an elite few. His rise has been meteoric and it's well deserved. Read on for his take on peak oil (it's real), the merits of nuclear energy, and the worthlessness of paper money in this wide-ranging, exclusive interview with The Energy Report.
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