by Marc Davis - BNWnews
“Bigger is better” is a bit of boastful bravado that proud Texans are renowned for proclaiming, often with a genteel southern smile. After all, the ever-industrious citizens of this sprawling, oil-rich southern state like to do things on a grand scale.
[Read More]
Posted by Wealth Wire
The debt-based monetary system creates an illusion of wealth. It allows for claims on real goods to significantly exceed the actual amount of real goods. You then have a number of people believing they have wealth, since they have claims (pieces of paper or tokens) showing that they have these real assets, whereas, in reality, if everyone was to claim the real goods, there would not be enough to go around.
[Read More]
Interview With Ted Butler
Ted Butler is one of the better-known silver analysts (and longtime silver bulls) in the world. The founder of Butler Research, a monthly publication focused on precious metals, Butler has been pounding the table on silver since way back when it was trading for $4/ounce.
[Read More]
By Marc Davis, BNWnews.ca
With potash prices spiking higher in response to surging global foods costs, the world’s most advanced “independent” potash project is in the cross-hairs of an increasing number of deep-pocketed suitors.
[Read More]
Author: Brian Sylvester
Austerity programmes across Europe, continued debt problems in the US and further political uncertainty all point to a continued uptrend in gold prices, says Brien Lundin. A Gold Report Interview.
[Read More]
By Michael Brush, MSN Money
Recent dips are giving us another chance to get in on the great gold rush. The factors driving the metal higher -- broken governments and fragile economies -- aren't going away.
[Read More]
Author: Lawrence Williams
Speaking at GATA's sold-out Gold Rush conference in London, Eric Sprott affirmed his strong views on gold and his even more positive thoughts on silver.
[Read More]
Edmund Conway
That's right: come Monday morning we will have managed to survive four decades of fiat money – though, given the chaos in markets in recent weeks, it is anyone's guess how much longer it will last.
[Read More]
By Myra P. Saefong, MarketWatch
SAN FRANCISCO (MarketWatch) — Silver has always been seen as less precious than gold, but it has certainly proved itself worthy of investors’ attention — and demand for it as a hedge against the world’s financial woes is likely to grow.
[Read More]
Edmond J. Bugos
After launching the Shanghai Gold Exchange in October 2002, the exchange’s principals announced a three-part plan to liberalize trading: 1) establish a deferred delivery service (as physical transactions are settled pretty much the same day); 2) create gold-related investment products in order to promote domestic investment demand and create liquidity; 3) integrate the exchange into international markets – which includes expanding import/export licenses and allowing foreign entities to become members.
[Read More]
Author: Amanda Cooper (Reuters)
Analysts believe that gold stocks could well take the upper hand after a long period of underperformance in relation to physical bullion as the flow of cheap money from the U.S. slows
[Read More]
By The Economist
Striking gold is generally considered a slice of good luck. Owning it, however, is a sign that you fear the worst. Some people buy the yellow stuff because they think it looks pretty, to be sure. But the quintessential gold bug is an investor who expects every form of paper wealth to collapse, along with civilisation itself.
[Read More]
By Marc Davis, www.BNWnews.ca
Though Nevada’s world-famous gold fields have historically yielded over 150 million gold ounces, they are still proving to be geologically fertile hunting grounds for exploration-minded junior mining companies. Two good examples are Auex Ventures and Fronteer Gold.
[Read More]
By David Galland, Casey Research
While there are many reasons that gold and silver are going to keep moving higher as the fiat currencies trend lower, at our recent Casey Research Summit in Boca Raton, faculty member Mike Maloney pointed out a fact that, while obvious in hindsight, I had never heard mentioned previously.
[Read More]
Author: Fayen Wong
SHANGHAI (REUTERS) -
London specialist consultancy GFMS reckons Chinese gold imports could exceed 400 tonnes in 2011 with silver, too, expected to exceed domestic supply.
[Read More]
By William Mbaho, BNWnews.ca
Heightened global demand for vanadium especially from China, is prompting the global steel industry to aggressively seek out new supplies, especially in the U.S. where this 21st century metal is becoming increasingly indispensible. Even U.S. President Obama is championing this metal’s promise for green energy applications.
[Read More]
Author: Geoff Candy
The yellow metals performance in the face of silver's washout last week was rather impressive and an addition to the factors why UBS expects gold to continue going higher this year.
Gold's performance last week, in the face of a drop of around 30% in the price of silver was rather impressive and, could be an indicator of things to come.
[Read More]
By Marc Davis, www.BNWnews.ca
The quest to commercialize one of Latin America’s last undeveloped major gold deposits is one major step closer to a prospectively big pay day for its unlikely owner – a small gold explorer named Exeter Resource.
[Read More]
By Debbie Carlson
Of Kitco News
After a sharp drop in prices this week, the outlook is hazy for precious metals price direction, but some analysts believe the metals could see the slide ending next week, at least for gold.
[Read More]
Author: Lawrence Williams
Some observers think gold is in a bubble, but silver has been rising far faster. Can this momentum be maintained or is now the time to take at least some profits as the price closes on $50.
[Read More]
Author: Jan Harvey (Reuters)
Silver rose to its strongest since 1980 and Gold hit five week highs on the back of growing unrest in the Middle East
.[read more]
By Marc Davis, www.BNWnews.ca
Silver promises to become the next big buzzword among investors in 2011 and beyond, according to one of the investment industry’s most prescient and successful experts on precious metals.
.[read more]
There are some bizarre things going on in the silver market at the moment, reminiscent of the supply shortages and high premiums witnessed in 2008. For starters, silver is currently in both short-term and long-term backwardation, suggesting there is higher demand for silver NOW than in the future.
.[read more]
The Economist
Rising commodity prices both reflect and threaten the world’s economic recovery.
.[read more]
Cheap, Industrial Silver is an illusion
From the beginning of the financial crisis in 2008, contrarian investors began murmuring about getting into gold and short term Treasuries. It was almost a mantra: gold and Treasuries… gold and Treasuries. Something missing?
.[read more]
The Economist
Commodity prices are surging at a very early stage of the cycle
.[read more]
By Frank Holmes
Wall Street has been calling gold a bubble since 2005 when it hit $500. Some media naysayers remained negative even as they wrote the headlines proclaiming record highs and saw gold rise almost 30 percent in the past 12 months.
.[read more]
By Marc Davis, www.BNWnews.ca
The ‘Holy Grail’ of renewable energy – grid scale power storage – appears to be finally within reach. So is the ability to make electric cars far more practical or user-friendly.
.[read more]
by Egon von Greyerz - Matterhorn AM
We now live in a world where governments print worthless pieces of paper to buy other worthless pieces of paper that combined with worthless derivatives, finance assets whose values are totally dependent on all these worthless debt instruments. Thus most of these assets are also worth-less.
.[read more]
The One-handed Economist
The establishment argument against gold comes down to the statement that it is a collectable that earns no yield. Art, rare coins, stamps and gold and silver bullion do not earn a yield. Stocks, bonds and real estate earn yields, so the prudent investor should focus on these assets rather than gold or precious metals.
.[read more]
With gold well into record territory, investor enthusiasm is boiling over.
.[read more]
If we continue down the same economic path that we have been following for the last four decades - and there is no indication that we won't even if we wanted to, or could, at this point - it is mathematically inevitable that gold and silver will approach infinity in U.S. dollar terms at some point in the future. Yes, approach infinity!
.[read more]
|
|
|
|
|
|
|
| |
Trading News
|
|
Company News
|
| |
|
| |
|
May 18, 2012 | NPR · A TED Talk challenging conventional wisdom that rich entrepreneurs are the number one job creators is now available for public viewing, after TED organizers originally kept the video private because it was too "explicitly partisan."
May 18, 2012 | NPR · JPMorgan Chase says it lost billions of dollars trading "synthetic derivatives." Do these complex Wall Street transactions ever do anything to help average people? To answer that question, we consider the case of an imaginary company, Chickens LLC, that is looking to grow.
May 18, 2012 | NPR · Greece keeps cutting its budget to help pay debts and avoid default but then its economy keeps contracting, making the problem worse. The new French President Francois Hollande wants to find a way to stimulate Europe's economy.
May 18, 2012 | NPR · Hewlett-Packard reportedly has decided on a restructuring that will eliminate 30,000 jobs worldwide. The company isn't expected to say anything publically until next week when it announces quarterly earnings.
May 17, 2012 | NPR · The company may cut about 8 percent of its workforce as part of a restructuring.
May 17, 2012 | NPR · Thousands of small breweries have sprung up in the past few decades, even as overall beer production has declined a bit. That could be a model for other U.S. manufacturers.
May 17, 2012 | NPR · The world's third-largest economy grew at a 4.1 percent annual rate in the third quarter. But the boost from rebuilding is expected to wane in coming quarters.
May 17, 2012 | NPR · There were 370,000 first-time claims for unemployment insurance filed last week, the same number as during the week before. That could be a sign the labor market is stabilizing.
May 17, 2012 | NPR · With a speech in Ohio Wednesday, Vice President Biden kept up the drum beat criticizing Mitt Romney for his work as a venture capitalist. The GOP presidential hopeful casts his business experience as a prime asset.
May 17, 2012 | NPR · The Federal Reserve has unsealed the minutes of its Open Market Committee meeting in April. Fed officials warn that a failure to agree on a federal budget plan could mean businesses will delay hiring plans.
|
|
|
|
|
|
|
Interview with Randall Oliphant
