It is amazing to me that investors believe there is no inflation or risk of energy price spikes as the Middle East deals with geopolitical turmoil and civil war. That complacent mindset may be changing rapidly.
The US Mint continues to sell lots of gold and silver Eagles to coin dealers, who would only be ordering them if they had demand from investors. Actual coin volumes look fine, but the capital being poured in at today’s prices is quite impressive.
Flood myths are common to human culture. Swollen rivers, tidal storms, and tsunamis make their appearance frequently in literature. But Hurricane Sandy has shifted the discussion from storytelling to reality.
There are few mining sectors where chemistry, metallurgy and the supply chain meet in such a complex yet potentially profitable way as rare earths. The founding principal of Technology Metals Research gives an update on projects are closest to production,
The bottom line is the precious-metals technicals are very bullish today. Gold, silver, and the HUI gold-stock index are all low relative to their 200-day moving averages following long consolidations. In the past, these very conditions have ignited major uplegs.
Positive price drivers and physical market fundamentals could form a “perfect storm” for gold in the closing weeks of 2012 – and, quite possibly, we could see the metal approach or even surpass its record high by year-end or early 2013.
This region is flush with resources – as much as 213 billion barrels of oil (10 times the proven US reserves) and 900 trillion cubic feet of natural gas (equal to all the reserves held by Qatar). There's also a rich fishing ground that employs thousands and feeds millions.
Planetary Resources have tons of money behind it; it also benefits from a team of top-tier leaders focused on success. The company boasts a cast of big-name backers with a track record for creating wealth – true visionaries.
Not long after the New Year dawned, Gold Stock Trades Editor Jeb Handwerger noted certain rare earths emerging from their 2011 slumber to produce impressive gains. It's not yet March, but the good news keeps coming.
Averaging $96 so far this summer, crude oil certainly doesn't feel cheap. Nevertheless, its technicals are looking increasingly bullish. After recently bouncing out of a major correction, oil appears to be embarking on a new bull-market upleg