Streetwise Articles
Catalytic Events Moving Gold Stocks: Jocelyn August
Source: George S. Mack of The Gold Report (5/2/12)
Sagient Research Systems is known for its investor research in the drug and medical device field, but the firm has also tailored its scientific approach to market-moving catalysts in the precious metals industry. In this exclusive interview with The Gold Report, Senior Analyst Jocelyn August discusses looming events in a select group of natural resource stocks that are expected to move as information flows out.
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Caribbean Island Gold: Scott Jobin-Bevans
Source: Peter Byrne of The Gold Report (5/2/12)
Scott Jobin-Bevans, immediate past-president of the Prospectors and Developers Association (PDAC), candidly assesses the political, environmental and technical challenges facing foreign companies exploring for gold and other minerals on the Caribbean island of Hispaniola. In this exclusive interview with The Gold Report, we learn that the majors are paving the way for junior mining firms on the island, which holds much buried treasure, despite environmental and political challenges.
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Gold Prices: How to Climb the 'Golden Staircase'
Source: William Patalon III, Money Morning (5/2/12)
"It typically takes 12–18 months for gold to establish a new price high once it retreats from a strong run-up. Eight months have already passed since gold reached $1,900/oz. The 'Golden Staircase' theory tells us that it will take 4–10 months to see new highs."
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The Acquisition of Gold Mining Stocks Is a Question of Timing
Source: Bob Kirtley, SK Options Trading (5/2/12)
"In an attempt to maximize the profits on our investments, we consider the timing of any purchase of precious metals mining stocks to be of paramount importance."
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Is Gold the Best Long-Term Investment?
Source: Neena Mishra, Zacks Equity Research (5/2/12)
"Apart from the loose monetary policies and heightened macroeconomic uncertainty in many parts of the world, there are three main factors that will support gold prices."
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Rare Earths Miners Race to the Finish Line: Carolyn Dennis
Source: Brian Sylvester of The Critical Metals Report (5/1/12)
The rare earths business isn't unlike a Formula One race, according to Carolyn Dennis, vice-president and senior analyst with Dundee Capital Markets. Companies are speeding to reach production and find strategic partners to grease the wheels to the finish. While several companies are laps ahead of their competitors, Dennis is watching a few names that could come up from behind. In this exclusive interview with The Critical Metals Report, Dennis discusses which companies could see the checkered flag and reap big profits.
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Inept Central Bankers Will Keep Long-Term Gold Prices High: Marc Faber
Source: Drew Voros, Hard Assets Investor (5/1/12)
"Investment fund manager and author of the Gloom, Boom & Doom Report recommends physical over mining stocks and says that worldwide printing of money assures long-term support."
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Scientific Rationality Aside, Metals Prices Are About to Turn for the Better: Ecclestone
Source: Dorothy Kosich, Mineweb (5/1/12)
"It may not be a first-order recovery for mining project financing, but there are more than a few reasons to be cheerful in the mining space, Hallgarten's Christopher Ecclestone suggests."
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Bernanke Has Broken the Dollar Rally
Source: Toby Connor, GoldScents (5/1/12)
"So far all of the pieces are starting to fall in place to initiate the very early stages of what I think will eventually become another huge momentum move similar to what happened in silver and gold last year."
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A Defensive Portfolio Is the Best Offense: Paolo Lostritto
Source: Brian Sylvester of The Gold Report (4/30/12)
Paolo Lostritto, mining equity research analyst with National Bank Financial, attributes development companies' current struggles to both the recent trend for capital and operating cost increases and to the European sovereign debt crisis. But there are opportunities as long as investors look for companies with free-cash-flow growth and solid balance sheets. In this exclusive Gold Report interview, Lostritto shares some names of companies that have these attributes.
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Dollar's Slide Fuels QE Speculation
Source: Ben Traynor, BullionVault (4/30/12)
"The dollar's slide was compounded on Friday after preliminary gross domestic product data showed the U.S. economy had slowed by more than expected in Q112, leading to speculation that the Fed might embark on a third round of quantitative easing."
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A Return to Real Money
Source: Rick Mills, Ahead of the Herd (4/30/12)
"There is no doubt that the Fed is, first and foremost, looking out for the special interests of its shareholders, the banks, insurance companies and securities firms."
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Europe's Gold Miners Getting Their Hands Dirty Again
Source: Geoff Candy, Mineweb (4/30/12)
"With the entire Eurozone feeling the pinch of austerity measures and jobs in scarce supply, put-upon politicians are looking increasingly favorably on industries that can provide employment, including mining."
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Rare Earths Riches Could Give Canada Competitive, Political Advantages
Source: Dorothy Kosich, Mineweb (4/30/12)
"Canada's REE richness could transform it from being the U.S.'s unassuming neighbor into a powerhouse in terms of political leverage and influence, the Canadian Chamber of Commerce suggests."
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It Takes More Than Being a China Hawk to Produce Rare Earth Metals
Source: Foreign Policy, Steve LeVine (4/30/12)
"Continued delays to developing REE projects show that there will be more to establishing a balanced rare earths supply than mere anti-Chinese rhetoric."
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Do Central Banks Still Love Gold?
Source: Eric McWhinnie, Wall St. Cheat Sheet (4/28/12)
"Central banks around the world continue to prepare for currency devaluations by purchasing gold."
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Invest in Africa Now: Nana Sangmuah
Source: Brian Sylvester of The Gold Report (4/27/12)
Last year, Africa was the region that witnessed the strongest growth in gold-mining operations. In an exclusive interview with The Gold Report, Nana Sangmuah, managing director of research with Toronto-based Clarus Securities, expects that trend to continue and suggests some immediate smart investments in Ghana, Mali, Liberia and the Democratic Republic of the Congo.
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Palladium, Nickel Seen Gaining from China Consumption Shift
Source: Bloomberg, Glenys Sim (4/27/12)
"Aluminum, nickel, palladium and gold may benefit from China's shift toward consumption-driven growth from an economy fueled by investment, while agricultural products are set to lag behind, according to Barclays Capital."
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US House Bill Aims to Reduce Permitting Process
Source: Dorothy Kosich, Mineweb (4/27/12)
"'In a world in which the competition for mineral resources is increasingly fierce, America can no longer afford to benignly neglect a permitting process that stalls investment-threatening raw materials shortages and downstream economic activity,' National Mining Association CEO Hal Quinn told a House subcommittee."
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Chinese Yuan to Become Key Commodities Currency
Source: Reuters, Christopher Johnson and Emma Farge (4/27/12)
"Chinese customers and end-consumers such as refiners and fabricators now typically pay for imports with dollars, but bankers at a Financial Times commodities conference in Switzerland think that will change, possibly quite rapidly."
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Yukon, Nunavut Witness High Growth in 2011
Source: Canadian Press (4/27/12)
"The Yukon saw 5.6% growth amid record levels for gold and silver exploration. In Nunavut, where output of gold and silver ore mining increased for a second consecutive year, GDP rose 7.7%."
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Gold Traders Get More Bullish as Central Banks Hoard More
Source: Bloomberg, Nicholas Larkin (4/27/12)
"Gold traders are more bullish after central banks expanded their bullion reserves and hedge funds increased bets on a rally for the first time in three weeks."
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Gold's Delicate Balancing Act
Source: Scott Wright, Zeal Intelligence Newsletter (4/27/12)
"One big factor that has radically altered gold's supply cadence is an actual loss of one of its major sources. Just in the last couple years gold supply from central-bank sales has completely dried up. In fact, the CBs have since become substantial net buyers of the metal."
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Three Words Sum Up Recent Markets
Source: Frank Holmes, U.S. Global Investors (4/27/12)
"Market behavior over the past few months can be summed up in three words: China, Gold and Apathy."
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Fed Crystal Ball: Clear or Cloudy?
Source: Kevin Cook, Zacks Investment Research (4/27/12)
"To many, the Federal Reserve and its monetary policies seem mysterious and ill-defined. How do they decide on a policy that sees the necessity for near-zero interest rates for the next two years?"
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