Could politicians' talk of the US becoming energy self-sufficient be coming true? The founder and chairman of Sprott Global Resource Investments Ltd. explains how world energy market dynamics will shift as the US reaches natural gas exporter status.
If you take a four year-view then the savers who put their wealth into 50:50 gold and silver are around 70% ahead of US dollars, and that despite a collapse of precious metal prices in the 2008-9 financial crash.
The coal-to-gas switching that’s plaguing US coal producers hasn’t come into play in most international markets because the price of natural gas is often four to five times higher than in North America.
Uranium stocks got hammered last year in the wake of the Fukushima disaster. But now, roughly one year later, uranium mining stocks have finally begun to bounce back... just like we told you they would.
During the period of 2007‐2011, electricity consumption in Mongolia increased on an average 6% per year. However, the Ministry of Mineral Resource of Mongolia estimates that overall electricity demand is expected to grow at 14% in the future.
If a failure occurs out in the real world, it has a very high chance of spreading across and through the other elements of the system. Contagion is the fear, as if in finally toppling, one plate will crash into its neighbor and set off a chain reaction of falling plates.
Gold prices traded with muted gains ranging from almost unchanged to roughly seven dollars and with bids coming in mainly around $1,635 to $1,645 in early action after yesterday's rally in part helped by robust Chinese gold import data.
Concerns about climate change, carbon footprints, energy security and the rising cost of fossil fuels spurred a revival of interest in nuclear power generation in early 2010 and a global civil nuclear renaissance but it derailed with Fukushima-Daiichi.