Streetwise Articles
Oil & Gold Grab Headlines But Silver's Another Major Move
Source: Seeking Alpha (3/20/08)
...Since the middle of December 2007 to today, silver has moved from $14 an ounce to its current level of $21 an ounce. That represents a dollar value $28,000 on just one futures contract.
More >
Mine Deals Grow
Source: edmontonsun.com (3/20/08)
The number of mining deals around the world grew by 69% in 2007, with much of that happening in Canada, according to a survey released by PricewaterhouseCoopers yesterday.
More >
Mining Deals Will Hit Record Levels in Era of Super Consolidation
Source: Mineweb.com (3/18/08)
In their report, Mining Deals 2007 Annual Review, PricewaterhouseCooper's Global Mining Deals Team said, â2008 looks set to see mining deals reach very high record levels as super-consolidation takes place in the market." Despite the credit crunch, the report finds "little evidence of a slowdown in [mining] deal activity."
More >
Mexico About to Take Center Stage Amongst Junior Explorers
Source: David Banister (3/18/08)
I wrote in late January about âMexican Juniorsâ being spicy opportunities down south in the exploration sector. In that article I mentioned four explorers in particular to watch and consider investing in. Animas, Geologix, Canplats, and Pediment. Three of those four went on to all time highs recently, and they have also all pulled back in the past one to two weeks. I believe this is opportunity knocking once again.
John Embry: Sit Tight â Don't Let Gold's Volatility Bother You
Source: John Embry, Sprott Asset Managment (3/18/08)
". . .those who worry about the short-term volatility of gold and silver would be well-served to sit tight. In my opinion, the bull market in precious metals is alive and well and has many years to run."
More >
Trading Gold and Silver ETFs for Fun and Profit
Source: Peter Degraaf, Online Stock Trader (3/17/08)
In view of the fact that ETFs are here to stay, it is my contention that ETFs can be very useful, especially for active traders. In the case of precious metals ETFs, my advice to those of you who trade them, is to take profits every now and then, and turn those profits into physical metal.
More >
Inflation Is Baked into the Cake
Source: David Galland and Casey Research (3/17/08)
In light of the cause and effect between monetary inflation and price inflation, and given the clear findings in our Global Inflation Survey, we can only conclude that inflation in both its commonly understood forms is now baked into the proverbial cake. As investors, that keeps us focused on gold, the worldâs longest-serving form of money and an investment we have been profitably beating the drum about since 1999.
More >
Ron Miller Portfolio Action Update
Source: Ron Miller, Morgan Keegan & Co. (3/17/08)
We are in âuncharted watersâ is an old clichĂ© that is often expressed when one is faced with frustrating and perilous circumstances. I would expand this clichĂ© a little by saying that the US financial/economic system is in âuncharted deep watersâ in my judgment.
More >
Study Claims Portfolios Containing Precious Metals Equities Shine
Source: Mineweb.com (3/17/08)
A recent study by the Charted Financial Institute (CFA) found that adding a 25% allocation to the equities of precious metals firms improves portfolio performance substantially...that relative to platinum and silver, gold has better stand-alone performance and appears to provide a better hedge against the effects of inflationary pressures."
More >
$1,000 Gold and the Free-Falling Dollar
Source: Jason Hamlin, Seeking Alpha (3/17/08)
...it is important to consider that any gains you might realize in U.S. stocks will be diluted by the force of inflation. After all, if your portfolio of U.S. stocks goes up by 12% in a year and the dollar loses 15% of its value in that same year, you just realized a 3% loss...
More >
Four-Digit Gold Sets a New World Order
Source: James West, Seeking Alpha (3/17/08)
...most important to small investors and speculators in junior mining stocks, $1,000 gold means that lower grade deposits which have suffered an absence of exploration due to low grades from prior work are going to be the recipients of attention again. With gold at $1,000 per ounce and climbing, sub-1 gram per tonne gold deposits can still be viable, if they are close to infrastructure and not excessively deep to reach.
More >
Gold and Silver Star in Mixed Bag for Precious Metals
Source: Mineweb.com (3/17/08)
...silver has shot up almost 41 percent from its January low point of $14.93 an ounce.
More >
The Stars Are Aligned to Keep Gold Aloft
Source: globeandmail.com (3/14/08)
"In the next two to three years, we could easily see $2,000 to $3,000 gold," said Nick Barisheff, portfolio manager of the Millennium Bullion Fund, a mutual fund that invests in precious metals.
More >
Even at a Grand, Munk Likes Gold's Legs
Source: globeandmail.com (3/14/08)
Peter Munk, the 80-year-old chairman of Barrick Gold Corp., believes we are in a "commodities supercycle" and said the current run in gold prices is "fundamentally" different than when gold surged to more than $850 in January of 1980...While geopolitical tensions and soaring oil prices have also played a role in the latest rise, Mr. Munk said gold's gains have been much more "sustainable and credible" this time.
More >
Leads Metal Report
Source: Ira Epstein (3/14/08)
No matter what I write, it seems pretty clear that world, not just US markets, think the Dollar is falling off a cliff and nothing the Fed is doing ends up supporting it.
More >
Canaccord: Investors Like Juniors for Gold Exposure
Source: Seeking Alpha (3/13/08)
...with healthy returns already realized in the bigger names, some investors are looking to smaller cap junior producers and developers for their gold exposure, says Canaccord Adams analyst Wendell Zerb. That's because many of these stocks do not yet reflect the strong move for spot gold prices...
More >
How to Invest in Precious Metals and Commodities with $5,000 to $10,000
Source: The Market Oracle (3/13/08)
By selecting the right companies, options, leaps and warrants will provide you with the potential of increasing your $5,000 to $10,000 many times over...
More >
Gold Touches $1,000 - Silver Rising Even Faster
Source: Mineweb.com (3/13/08)
Once gold really breaches the $1,000 mark the genie could be well and truly out of the bottle as far as the price is concerned with many looking to $1,500 gold or higher this year. Hang on for the ride.
More >
CPM: Gold Bulls Need to Look Over the Horizon
Source: Mineweb.com (3/13/08)
One of the points made in the latest CPM Gold Yearbook, released earlier this week, is that gold bulls often overlook the fact that recessions end.
More >
A Cheaper Dollar to Take Gold Prices Much Higher?
Source: Julian D.W. Phillips, Gold Forecaster - Global Watch (3/13/08)
In conclusion, we are moving to a level of decay, that sits in an inflationary environment, which could move to unforeseen and eventually exponential levels as it did in the past in Germany, but this time moving into connected nations. Such an environment will see a plethora of national Exchange and Capital Controls across the globe preventing this infection. How can gold and silver not rise far higher in such a climate?
More >
More Upside in Resource Stocks
Source: Mineweb.com (3/12/08)
MB Asset Management said in a report the continued rise of commodity prices in 2008, despite a slowing US economy, is evidence that emerging markets have changed the foundations of the resource market.
More >
Recession, GDP and Inflation: Conventional Wisdom or Data
Source: Bud Conrad, Casey Research (3/11/08)
That we are moving into â or already are â in a recession is practically a given. But what will it be: inflationary or deflationary? Casey Researchâs Chief Economist Bud Conrad weighs in with his findingsâŠ
More >
World Gold Council to List ETF in Japan, Hong Kong
Source: Reuters (3/11/08)
"I am pretty confident that in the next two quarters we will be able to cross-list our ETF in Japan and Hong Kong," James Burton, chief executive of the World Gold Council, said.
Gold Futures Gain After Fed's Liquidity Move
Source: MarketWatch (3/11/08)
Gold "is likely to remain extremely volatile in the short term," said James Moore, analyst at TheBullionDesk.com. Writing in a research note, Moore elaborated stating that gold is "caught between further profit-taking from investors/speculators, forced to cover margin requirements, and ongoing investment demand given the bullish tone across the commodities spectrum."
More >
Sprott Sees Financial Turmoil Pushing Gold to $2,000
Source: Bloomberg (3/10/08)
Turmoil in global credit markets may lead to the collapse of a North American bank, pushing bullion prices up to $2,000 an ounce as investors seek a haven in gold, Eric Sprott said
More >
