Streetwise Articles
Obama to Eliminate Oil Subsidies; Sets 80% Clean Energy Target
Source: Energy Matters (1/26/11)
"Obama dubs clean energy development 'the Apollo Projects of our time.'"
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Senators Introduce Bills to Repeal Form 1099, Opposed by Gold Dealers
Source: Kitco, Allen Sykora (1/25/11)
"The law would require entities to file a Form 1099 with the IRS for transactions over $600."
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Vietnam Banks Cut Gold Deposits
Source: Commodity Online (1/25/11)
"Central banks protest a rule prohibiting commercial lending the metal to gold bar traders."
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Michael and Chris Berry: Berrys, Batteries and Burgeoning Demand for Vanadium
Source: Brian Sylvester of The Gold Report (1/24/11)
In this exclusive interview with The Gold Report, Chris Berry, founder of House Mountain Partners, and Michael Berry, publisher of Morning Notes and Discoveryinvesting.com, drop by to discuss vanadium, which they believe is poised to become "the next big thing" because of its use in mass energy storage devices and lithium-ion batteries. Several companies are already aboard the vanadium train—and the Berry's divulge their favorites.
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SPX Correction Looms
Source: Adam Hamilton (1/24/11)
"The key sentiment indicators are screaming that an SPX correction looms."
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China vs. JPMorgan: The Battle Over Gold and Silver
Source: Jason Hamlin, Gold Stock Bull (1/24/11)
"Which force prevails in the short term remains to be seen. . ."
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The Good, Not So Good, Bad & Ugly on the Indexes
Source: Chris Vermeulen, TheGoldAndOilGuy (1/24/11)
"The major indexes are giving mixed signals. . ."
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Sarkozy Urges Group of 20 to Regulate Commodities
Source: Bloomberg, Rudy Ruitenberg (1/24/11)
"Inaction may cause rioting in the world's poorest countries."
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Two SA Mines Halt Operations After Weekend Deaths
Source: Mining Weekly, Loni Prinsloo (1/24/11)
"Two of South Africa's mines were closed after fatal accidents."
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Gold Finds Buyers but Ride Still Bumpy
Source: The Street, Alix Steel (1/24/11)
"Future battle of profit-takers, bargain-hunters to keep gold's range tight."
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China's Au-Rich Region Reports 7 Consecutive Years' Growth
Source: Xinuha News (1/24/11)
"The increase was mainly spurred by the gold price hike last year."
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Silver Coin Sales, ETF Outflows Show Market Divergence
Source: Kitco, Debbie Carlson (1/24/11)
"If the mint sales and exchange-traded product sales slow, prices will fall dramatically."
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Chris and Michael Berry: Correction Will Be Short-Lived
Source: Brian Sylvester of The Gold Report (1/21/11)
Correction? What correction? Chris Berry, founder of House Mountain Partners, and Michael Berry, publisher of Morning Notes and Discoveryinvesting.com, think the 2011 price correction in precious metals is nothing but a passing fancy, and that gold and silver will be back on their respective ascents by year-end. If anything, gold and silver equities are currently on sale. In this exclusive interview with The Gold Report, Chris and Michael reveal some of their favorite gold and silver plays in Colombia and the Yukon.
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Yukon Gold Rush 2.0
Source: Gold Investing News, Dave Brown (1/21/11)
"The Yukon still possesses an abundance of mineral wealth."
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Gold Heads for Third Weekly Loss
Source: Bloomberg, Pham-Duy Nguyen and Tony Dreibus (1/21/11)
"Investors speculate economic recovery may dull the metal's appeal."
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Asia's Silver Appetite to Extend Bull Run
Source: Reuters, Rujun Shen and Siddesh Mayenkar (1/20/11)
"Industrial and investment demand strong, consumer demand increasing."
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Silver Eagles Hit New Monthly Record
Source: Coin News, Darrin Unser (1/20/11)
"This is a busy month for the U.S. Mint."
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Mining in China Now Warrants Central Govt. Approval
Source: Commodity Online (1/20/11)
"Major policy shift allows China to keep tabs on REE industry."
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Tajikistan's Gold, Currency Reserves Exceed $663M
Source: Trend News (1/20/11)
"Nation's money supply experienced a 16.8% increase since 2009."
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SEC Mandates Greater Disclosure on Asset-Backed Securities
Source: Bloomberg, Jesse Hamilton and Jody Shenn (1/20/11)
"Rule changes aim to make loan sellers and bond underwriters accountable."
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China Nationalizes 11 Rare Earth Mines
Source: AFP (1/20/11)
"Authorities targeted Jiangxi mines, which are rich in heavy rare earths."
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Increase Expected in PGMs Recycling
Source: Mining Weekly (1/20/11)
"End-of-life automotive catalysts, electronic scrap and jewelry to provide new materials."
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Copper Shortage to Be Worst Since 2004
Source: Bloomberg, Jae Hurr and Ichiro Suzuki (1/20/11)
"Demand will likely exceed supply by 635,000 tons in 2011."
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'Fear and Love Make Gold Strong'
Source: An interview with Frank Holmes, by BIG GOLD's Jeff Clark (1/20/11)
"Investors have to look at gold demand as both the fear and love trade."
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Gold, Silver and Unhedged Producers
Source: Bob Kirtley, SK Options Trading (1/20/11)
"There is no doubt, gold producers are in for a good time."
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