The City of Regina is prepared to enter into a 45-year, $228-million deal with Western Potash Corp. to supply recycled water to the company’s anticipated mine site near Gray.
On Wednesday, the city’s executive committee recommended the proposal and sent the matter to the June 25 city council meeting for final approval.
“Bigger is better” is a bit of boastful bravado that proud Texans are renowned for proclaiming, often with a genteel southern smile. After all, the ever-industrious citizens of this sprawling, oil-rich southern state like to do things on a grand scale.
The debt-based monetary system creates an illusion of wealth. It allows for claims on real goods to significantly exceed the actual amount of real goods. You then have a number of people believing they have wealth, since they have claims (pieces of paper or tokens) showing that they have these real assets, whereas, in reality, if everyone was to claim the real goods, there would not be enough to go around.
Ted Butler is one of the better-known silver analysts (and longtime silver bulls) in the world. The founder of Butler Research, a monthly publication focused on precious metals, Butler has been pounding the table on silver since way back when it was trading for $4/ounce.
With potash prices spiking higher in response to surging global foods costs, the world’s most advanced “independent” potash project is in the cross-hairs of an increasing number of deep-pocketed suitors.
Austerity programmes across Europe, continued debt problems in the US and further political uncertainty all point to a continued uptrend in gold prices, says Brien Lundin. A Gold Report Interview.
Recent dips are giving us another chance to get in on the great gold rush. The factors driving the metal higher -- broken governments and fragile economies -- aren't going away.
Speaking at GATA's sold-out Gold Rush conference in London, Eric Sprott affirmed his strong views on gold and his even more positive thoughts on silver.
That's right: come Monday morning we will have managed to survive four decades of fiat money – though, given the chaos in markets in recent weeks, it is anyone's guess how much longer it will last.
SAN FRANCISCO (MarketWatch) — Silver has always been seen as less precious than gold, but it has certainly proved itself worthy of investors’ attention — and demand for it as a hedge against the world’s financial woes is likely to grow.
After launching the Shanghai Gold Exchange in October 2002, the exchange’s principals announced a three-part plan to liberalize trading: 1) establish a deferred delivery service (as physical transactions are settled pretty much the same day); 2) create gold-related investment products in order to promote domestic investment demand and create liquidity; 3) integrate the exchange into international markets – which includes expanding import/export licenses and allowing foreign entities to become members.
Analysts believe that gold stocks could well take the upper hand after a long period of underperformance in relation to physical bullion as the flow of cheap money from the U.S. slows
Striking gold is generally considered a slice of good luck. Owning it, however, is a sign that you fear the worst. Some people buy the yellow stuff because they think it looks pretty, to be sure. But the quintessential gold bug is an investor who expects every form of paper wealth to collapse, along with civilisation itself.
Though Nevada’s world-famous gold fields have historically yielded over 150 million gold ounces, they are still proving to be geologically fertile hunting grounds for exploration-minded junior mining companies. Two good examples are Auex Ventures and Fronteer Gold.
While there are many reasons that gold and silver are going to keep moving higher as the fiat currencies trend lower, at our recent Casey Research Summit in Boca Raton, faculty member Mike Maloney pointed out a fact that, while obvious in hindsight, I had never heard mentioned previously.
Heightened global demand for vanadium especially from China, is prompting the global steel industry to aggressively seek out new supplies, especially in the U.S. where this 21st century metal is becoming increasingly indispensible. Even U.S. President Obama is championing this metal’s promise for green energy applications.
The yellow metals performance in the face of silver's washout last week was rather impressive and an addition to the factors why UBS expects gold to continue going higher this year.
Gold's performance last week, in the face of a drop of around 30% in the price of silver was rather impressive and, could be an indicator of things to come.
The quest to commercialize one of Latin America’s last undeveloped major gold deposits is one major step closer to a prospectively big pay day for its unlikely owner – a small gold explorer named Exeter Resource.
After a sharp drop in prices this week, the outlook is hazy for precious metals price direction, but some analysts believe the metals could see the slide ending next week, at least for gold.
Some observers think gold is in a bubble, but silver has been rising far faster. Can this momentum be maintained or is now the time to take at least some profits as the price closes on $50.
Silver promises to become the next big buzzword among investors in 2011 and beyond, according to one of the investment industry’s most prescient and successful experts on precious metals.
There are some bizarre things going on in the silver market at the moment, reminiscent of the supply shortages and high premiums witnessed in 2008. For starters, silver is currently in both short-term and long-term backwardation, suggesting there is higher demand for silver NOW than in the future.
From the beginning of the financial crisis in 2008, contrarian investors began murmuring about getting into gold and short term Treasuries. It was almost a mantra: gold and Treasuries… gold and Treasuries. Something missing?
Wall Street has been calling gold a bubble since 2005 when it hit $500. Some media naysayers remained negative even as they wrote the headlines proclaiming record highs and saw gold rise almost 30 percent in the past 12 months.
How Europe is assuring its own doom. Nigel Farage and Peter Schiff break it down.
Financial Times Video: The Global Economy
INDUSTRY COMMENTATOR - MARC DAVIS: Discusses the use of
technical analysis to chart the direction of key mining stocks.
Financial Forecaster and Economist Peter Schiff of Euro Pacific Capital Comments on How to Profit in Turbulent Times.
A US Nework News Commentator, He Forecast the 2008 Market Crash as Early as 2006
May 23, 2013 | NPR · Millions of students rely on loans and grants for their studies. But with universities strapped for cash, fewer schools are able to admit students regardless of their financial need. Host Michel Martin asks the President of Iowa's Grinnell College, Dr. Raynard Kington, why his school considered putting a halt to need-blind admissions.
May 23, 2013 | NPR · Strong new-vehicle sales lead industry analysts to revise their forecasts for North American production levels in 2013, with J.D. Power & Associates and LMC Automotive predicting 16 million units will be produced — a mark not hit since 2002.
May 23, 2013 | NPR · Federal Reserve chairman Ben Bernanke told Congress Wednesday that the central bank is not ready to scale back on economic stimulus. But he suggested the Fed may start to pare back bond purchases if the economy picks up momentum. Stocks fell following Bernanke's remarks.
May 23, 2013 | NPR · Big bank Goldman Sachs holds its annual shareholder meeting Thursday. Five years ago, during the financial crisis, Goldman's CEO Lloyd Blankfein was a poster boy for overpaid executives. To find out how much he is making now, Renee Montagne talks Neil Weinberg, editor in chief of American Banker.
May 22, 2013 | NPR · Over the past several years, the Federal Reserve has added trillions of dollars to its balance sheet, purchasing bonds in order to stimulate the economy. Many investors have been concerned that when the Fed starts selling off those bonds it could create turmoil in the markets. But in congressional testimony Wednesday, Fed Chief Ben Bernanke said the Fed might not sell off those bonds at all.
May 22, 2013 | NPR · Host Michel Martin says America deserves a Bentley for peoples' dedication to do the right thing. She shares her thoughts on wealth and the American dream in her regular 'Can I Just Tell You' essay.
May 22, 2013 | NPR · The Fed chairman cautioned Wednesday that if interest rates were to start rising now, the economy could slump. Meanwhile, the National Association of Realtors said sales of existing homes rose — and would have been even stronger if not for tight inventory.
May 22, 2013 | NPR · It's a hard time to be a saver. The return on a savings account doesn't even keep up with inflation, and that has led many savers to ask: What should I do with my money? NPR's Uri Berliner takes $5,000 out of his own personal savings and explores various investment opportunities.
