Oilprice.com submits:
OPEC member countries have resumed work on 35 new projects that will increase production capacity by 5 million barrels a day, adding to concerns that the increasing world capacity will dampen oil prices.
News reports from the International Energy Forum in Cancun, Mexico cited OPEC secretary general Abdalla Salem el-Badri as saying that the [...]
This essay is based on the Premium Update posted on March 26th, 2010
In our previous essay we explained the link between the USD Index, and the price of gold and commented on what how is the situation on the USD likely to influence the precious metals market. [...]
We’ve been having quite the discussion about manipulation on the blog lately. For what it’s worth everyone can believe what they want to believe. What I do know is that no amount of manipulation can stop a secular trend. I think Greenspan and Bernanke have proven that fact explicitly. Between the two of them they [...]
Dividends4Life submits:
This is the fifth installment in a multi-part series that looks at various options used by income investors to boost their yield while waiting for dividend growth to lift their portfolio’s overall yield-on-cost. Last week we looked at Bonds. This week we are looking at Master Limited Partnerships (MLPs).
Complete [...]
Michael Arrington submits:
Google (GOOG) has acquired a company that has created a new process for highly efficient isotope separation, we’ve confirmed from multiple sources. The primary use of this technology, say experts we’ve spoken with, is uranium enrichment.
Enriched uranium is a necessary ingredient in the creation of nuclear energy, and [...]
Gold Settles $8.80 Higher Today … ($1114.50)
The U.S Dollar lost ground today versus the basket
of currencies as physical gold demand continues.
The weaker U.S Dollar has helped Greece sell their
debt as they attempt to get their fiscal house in order.
The strength of the Euro ignited heavy physical gold
buying out of the European Union. Gold is a [...]
John Lounsbury submits:
There has been a lot of news in recent weeks about precious metals trading, but a lot of it is not on the front pages. In fact, you have to dig to find some details. One recent nugget involves a London silver trader, Andrew Maguire. You can read Andrew Maguire’s [...]
Water is a precarious beast.
It can cause flood or drought. Feast or famine. War or peace.
But most importantly, it can bring great wealth or cause immense poverty.
And both sides of all those dichotomies can be seen each and every day.
Flood or Drought, Feast or Famine
When I [...]
Hard Assets Investor submits:
By Brad Zigler
Guesstimates of America’s fuel supplies by industry insiders differed only by degree this week. The American Petroleum Institute’s survey data, released Tuesday indicated that domestic crude stockpiles probably rose by 421,000 barrels. Sell-side analysts were looking for a larger increase, between 2.4 million and 2.5 million barrels.
Complete Story »
Market Blog submits:
By David Berman
It is tempting to dismiss gold producers as a homogeneous group of stocks that merely trade with the price of gold. What a mistake.
Complete Story »