Streetwise Articles
Silver Stocks: Cheaper Is Better
Source: SilverSeek, Andrew Mickey (6/15/09)
"Right now, silver is in great position to do well over the short term and long term."
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Obama Nominates Nevada's Abbey as U.S. BLM Director
Source: Mineweb, Dorothy Kosich (6/15/09)
"Former federal regulator, Renoite Robert Abbey, nominated to head the Bureau of Land Management, which oversees a considerable portion of domestic hard rock mining."
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New ETF Provides Access to Junior Miners
Source: Seeking Alpha, Jeff Nielson (6/15/09)
". . .what makes this new product unique is that it will be comprised solely of junior miners. . ."
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Analysts Bullish on Gold Price and Strongly Managed Juniors
Source: Reuters, Euan Rocha (6/14/09)
"Less gold is coming to market, while demand is growing. That can only mean one thing."
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John Embry Expects $1,500 Gold and Early Stage Hyperinflation by Year End
Source: The Gold Report (6/12/09)
Back for another thought-provoking conversation with The Gold Report, John Embry sees both good and bad news in the weeks, months and years ahead. For example, John—Sprott Asset Management's chief investment strategist—is braced for "an ugly summer," with "another significant test in the equity market." Before year-end, he anticipates $1,500 gold—but also the beginning of worldwide hyperinflation that may take many Americans by surprise. And while John is bearish on world economies for the next few years, within that same time he looks toward "numerous 5- and 10-baggers" among small-cap gold producers and junior explorers with solid projects.
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Is Silver Money? (Revisited)
Source: David Morgan, Silver Investor (6/12/09)
I just returned from the Cambridge House Investment Conference in Vancouver, BC. Many mainline speakers and workshops were made available and it did not take long for me to "hear through the grapevine" that a well-known personality in the precious metals space had deemed that "silver is NOT money, it is an industrial metal." Silver is an industrial metal. . .However, a better label might be high technology metal. . .
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'Huge' Opportunities for Consolidation Among Juniors
Source: Mining Weekly, Liezel Hill (6/12/09)
"It's basically an arbitrage between those of us who can raise money and those of us who cannot."
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Gold Needs More Time to Dither
Source: GoldSeek, Rick Ackerman (6/12/09)
". . .gold is not quite ready yet to blow past $1,000 once and for all."
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Pick a Number...Any Number: Part I
Source: Adrian Ash, BullionVault (6/12/09)
WANT TO KNOW WHERE the price of gold, oil, the S&P, Euro or overseas stock markets are heading? Pick a number, any number. Go on, choose whatever number you like! Because that's how policy-makers and their advisors would like to set the common denominator of asset prices—the value of money.
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Mining Into Juniors for a New High
Source: Gold Investing News, Kishori Krishnan (6/12/09)
"For those juniors that have good assets and have cash, there is a growing audience."
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Time for Delivery
Source: MineSet, Jim Sinclair (6/11/09)
". . .other depositories (vaults) have had an army of auditors descend on them in the last two weeks."
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Bullish Long-Term Gold Sentiment Continues
Source: Seeking Alpha, Mark O'Byrne (6/11/09)
". . .production out of the third-largest producer in the world, South Africa, back at WWI levels. . ."
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No End to China Copper Stockpiling
Source: Commodity Online (6/11/09)
". . .May imports rising to record levels."
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Miners Line Up to Tap Zimbabwe Gold
Source: Commodity Online (6/11/09)
". . .miners across the globe are responding to the country's new move to deregulate the industry."
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Police to Probe Missing Gold at Canadian Mint
Source: Reuters, David Ljunggren (6/10/09)
". . .more than C$10 million ($9.1 million) in gold and other assets are missing"
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You Can Buy Gold at a Discount
Source: Investor's Daily Edge (6/10/09)
"Excellent companies with proven and growing resources are being largely ignored."
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Big Increase in China Auto Sales Underpins Strength in Platinum
Source: Mineweb, Rhona O'Connell (6/10/09)
"The country has taken up pole position in the global industry. . ."
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Mike Kachanovsky: Silver's Scarcity Premium
Source: The Gold Report (6/9/09)
'Silver and gold, silver and gold'. . .what to invest in—silver or gold? Investors on either side of this long-running debate are passionate about their precious metal of choice. But are they looking—or listening—to the right indicators? In this exclusive interview with The Gold Report, Mike Kachanovsky, aka 'Mexico Mike' from his Investor's Digest of Canada column, discusses historical changes in the gold-to-silver price ratio, shrinking supply. . .and what to buy.
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What Commodity Is About to Explode Next: Gold, Silver, Oil or Nat Gas?
Source: Chris Vermeulen, TheGoldAndOilGuy.com (6/9/09)
Commodities have been driving up the past few months and now it looks like Natural Gas is going to be joining the party. This report quickly and clearly shows Gold, Silver, Oil, and Natural Gas from a technical trading point of view.
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Plunging Bond Market and Implications for Gold
Source: Boris Sobolev, Resource Stock Guide (6/9/09)
Since early May, the most dramatic events have occurred not in the stock market but in the bond market. Yields for the 5-year T-notes surged by almost 40% while the yields for the 10-year T-Bonds rose by almost 30% in the past 5 weeks. Are the short-term yields rising in an anticipation of a rate hike by the Fed in September? Are the longer-term yields rising in an expectation of a return of economic growth? Does this mean that we are in early stages of an equity bull market and a gold bear market?
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India Gold Edges Up on Firm Global Cues
Source: Commodity Online (6/9/09)
"Gold also edged higher in European trade as the euro clawed back some lost ground against the dollar."
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Major Battle Rages in Gold Market
Source: NumisMaster, Patrick Heller (6/9/09)
"The major battle between the free market and the U.S. government's efforts to suppress gold prices. . .will rage during the course of this week"
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Gold Rises First Day in Three as Dollar Falls
Source: MarketWatch, Moming Zhou (6/9/09)
"As the greenback turned around, 'bargain hunters helped lift gold.'"
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Tupperware and ATMs—Gold Goes Mainstream
Source: Jeff Clark, BIG GOLD (6/9/09)
Are we there yet? Are we there yet? We gold bugs are like little kids on a trip to the zoo; we just can't wait to get there. "There" being the elusive point in time when the gold mania hits and everyone and their cat will want to invest in the yellow metal. Which, of course, will propel its price to dizzying heights. $1,500… $2,000… $5,000 an ounce—the sky's the limit.
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How Much Gold Should Investors Own
Source: The Market Oracle, DailyWealth (6/8/09)
"You don't want to own too little gold. . .But you don't want to be an end-of-the-world nutcase either."
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