Commentary from Frank Holmes – Mon 20 Mar, 2017

By Big Al Monday Editorial from Frank Holmes America’s New Emphasis on Fiscal Policy For the third time in two years, the Federal Reserve lifted interest rates 0.25 percent last week following the previous week’s phenomenal jobs report. The move was seen as more dovish than many market analysts had anticipated. BCA Research went so far as to call it an “unhike,” citing a number of factors, including forecasts of only three rate hikes in 2017 instead of four. Immediately following the announcement, the dollar lost ground, clearing the way for gold to climb more than $20 an ounce. During her press coverage, Fed Chair Janet Yellen expressed doubt that the U.S. economy can grow much faster than 2 percent annually over the next couple of years, placing her squarely at odds with President Donald Trump, who campaigned on a pledge to boost GDP growth as much as 4 percent. … Continue reading

Death of Uranium and Renaissance of Vanadium Batteries

By David Morgan Death of Uranium and Renaissance of Vanadium Batteries by John Lee, CFA (https://twitter.com/johnlee25893955?lang=en) I have owned shares of uranium mining companies in the past, anticipating the inevitable rebound of nuclear energy following the Fukushima nuclear plant accident. However, through my recent research into the renewable energy sector and vanadium batteries, I became bearish on nuclear energy and sold my shares in Energy Fuel Inc. (TSX: EFR) and Fission Uranium Corp. (TSX: FCU) in February 2017. Why? In this article, I will discuss: 1. The state of the big four nuclear power houses (Westinghouse, Toshiba, Areva and EDF), and the rising costs and long delays associated with nuclear power plant construction; 2. The case for uranium bulls; 3. The Nuclear Power Generating Capacity Growth Forecasts by 2030 issued by the International Atomic Energy Agency (IAEA) which, over the years, turned me into a uranium bear; 4. The rapidly … Continue reading

Chris Temple from The National Investor – Mon 20 Mar, 2017

By Cory Are bond yields telling us where investor confidence is heading? My chat today with Chris Temple focuses on the the divergence between the stock market and bond yields. Chris continues to say investors need to be well diversified and protected from this almost euphoric rise in equity prices. Download audio file (20_Mar_2017-Chris-Temple.mp3) …read more Source:: The Korelin Economics Report The post Chris Temple from The National Investor – Mon 20 Mar, 2017 appeared first on Junior Mining Analyst. … Continue reading

Warren Buffett’s Biggest Loss

Tom Beck of Portfolio Wealth Global shares his strategy for investing in commodities. For close to five years, investors, experts and analysts have been predicting that commodities, as a group, are going nowhere. Still, millions of respected, intelligent investors seek to invest in minerals and resources because of one important reason: one solid position can fund a decade worth of retirement. Warren Buffett, whom I personally regard as the absolute best investor the world has ever known, was even duped into buying oil stocks because he fell into the “Peak Oil” theory, which was popular prior to the invention of “fracking.” This reminds me of the famous 1890 London Futurist experiment, where the most highly regarded scientists of Oxford were asked to envision London 40 years into the future, and the prediction was sealed until 1930, when it was finally opened and read. Their theory was that London would be … Continue reading

The Morgan Report’s Weekly Perspective

By David Morgan The Morgan Report’s Weekly Perspective | http://www.themorganreport.com The Morgan Report’s Weekly Perspective is our free e-newsletter. Our free e-newsletter will keep YOU in the top 3% of the Informed, the Awake, and the Aware. Join our Free weekly e-letter…http://www.themorganreport.com/joinfreelist I’ve Been Helping My Subscribers Weather the Current Economic Mess. Now I Invite You to Join My Growing Circle of Successful Investors. The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation and asset protection. Thus was born The Morgan Report – since then we’ve helped 11,000-plus members scattered … Continue reading

America’s New Emphasis on Fiscal Policy

click to enlarge Since Trump’s inauguration more than 55 days ago, we’ve seen a steady power shift from the monetary side to the fiscal side. I believe this will only continue to accelerate. As I said before, the eight-year stock market rally under President Barack Obama was, in many investors’ eyes, driven not by fundamentals but the For the third time in two years, the Federal Reserve lifted interest rates 0.25 percent last week following the previous week’s phenomenal jobs report. The move was seen as more dovish than many market analysts had anticipated. BCA Research went so far as to call it an “unhike,” citing a number of factors, including forecasts of only three rate hikes in 2017 instead of four. Immediately following the announcement, the dollar lost ground, clearing the way for gold to climb more than $20 an ounce. During her press coverage, Fed Chair Janet Yellen … Continue reading

Precious Metals and 200-Day Moving Averages

By Jordan Roy-Byrne CMT, MFTA The precious metals complex enjoyed a strong week mostly due to a post-Fed explosion on Wednesday. Although gold stocks sold off to end the week, they finished up almost 5% for the week. Gold gained 2.4% on the week while Silver gained 2.9%. The miners enjoyed massive gains following the previous two rate hikes and that has some optimistic about a repeat scenario. However, the miners and metals need to prove they can recapture their 200-day moving averages before we become optimistic. Precious metals should trend higher in the short-term if the current macro technical landscape does not change. The US Dollar index has fallen below its 50-day moving average and could fall another 2% to moving average support. Also, despite the Fed rate hike, the 10-year yield did not make a new high. Bonds could rebound and the huge speculative short position, if unwound … Continue reading

Coal mine in Germany turns into hydroelectric battery

By analyst By Valentina Ruiz Leotaud RAG AG-owned Prosper-Haniel hard coal mine, located in the German state of North-Rhine Westphalia, will be turned into a giant battery that stores excess solar and wind energy. Set to be totally transformed by 2018, the mine will become a 200-megawatt pumped-storage hydroelectric reservoir, which means it will behave as a battery and have the energy to power more than 400,000 homes. When needed to compensate intermittent wind and solar power, as much as 1 million cubic meters of water could be allowed to plunge as deep as 1,200 metres, turning turbines at the foot of the collieries mine shafts. The mining complex comprises 26 kilometres of horizontal shafts. Miners in the town of Bottrop, who have worked for decades at the site, will remain employed while seeing a shift in their usual tasks. According to governor Hannelore Kraft, they will continue playing a … Continue reading

Caterpillar to shut down Iowa plant, costing 75 jobs

By analyst By Valentina Ruiz Leotaud Caterpillar (NYSE:CAT), the world’s No.1 heavy machinery maker, announced that it will shut down a facility located in northeastern Iowa to consolidate the plant’s operations with a location in Wamego, Kansas. The decision will come into effect by the end of the year and it will affect 75 management and production jobs at CAT’s Elkader plant. The factory manufactures buckets for excavators and wheel loaders, as well as blades for various machines. According to the company, some 55 positions will be created at Wamego and laid-off employees will be encouraged to seek new placements. Local newspaper The Telegraph Herald reported that the move came as a shock to the Elkader Development Corporation, given that last year they helped prepare an incentive package aimed at keeping the company in the city. But the news goes in synch with a business plan unveiled by Caterpillar in … Continue reading