Growing Silver Squeeze Means +$100/oz. Price by End of Decade
Right now, with the ratio of silver prices to gold abnormally low, there is a lot of room for silver to move […]
Right now, with the ratio of silver prices to gold abnormally low, there is a lot of room for silver to move […]
In this week's much anticipated State of the Union address, President Obama again demonstrated his poor understanding of the fundamental problems that confront our nation. By following the advice of the same people who helped guide our economy to the precipice of total collapse, Obama now threatens to push it over the edge.
Good Morning Americans! It’s Friday…somewhere. What is the price of gold? Who cares? As long as those blue days of under 300 […]
Canadian Mining Journal reports that A new wave of co-operation between Aboriginal peoples and the mineral industry can be felt across Canada…..more […]
“You’ll notice that Bush never spoke when Cheney was drinking water; check it out!” – Robin Williams – We are seeing some […]
Brisbane, Australia – NL Technologies (NLT), manufacturer of The Northern LightTM range of cap lamps, including Polaris, Eclipse, GII, and GIIIR announces […]
Chart is from the latest edition of U.S. Global’s Weekly Investor Alert: Indonesia is one of the giants of Asia, yet for most people it doesn’t come to mind when thinking about the continent’s economic vitality. A few quick facts about Indonesia: a population of 234 million (4th in the world) that has been rapidly urbanizing since the 1970s. An estimated 22 million people live in or around Jakarta, making it the world’s second-largest urban area. Its natural wealth (oil, gas, metals, agriculture) enables it to be part of the G-20 group of major economies, and GDP growth in 2010 is estimated at 6 percent. The chart shows how annual cement demand in Indonesia has more than doubled in the past decade, with the key driver being housing as the country deals with urban growth – nearly seven of every 10 Indonesians are expected to live in cities by 2030, up from 42 percent in 2000. But the infrastructure needs run deeper than housing, and so do the opportunities. A story last week in the Bali Times quoted top government officials saying that the nation wants to attract $90 billion in private infrastructure investment in the coming five years to build and upgrade roads, railroads, seaports, power generation, health care and other facilities critical to economic growth. This represents a significant policy change in Indonesia, which attracted only $10 billion in foreign direct investment last year. We watch government policies for signals of a change in investment climate. Indonesia, recognizing that it must deal with its changing demographics and at the same time remain competitive with its neighbors, may be sending an important signal that its doors will open wider to overseas investors. To get more insights and perspective from the U.S. Global Investors investment team, subscribe to the Weekly Investor Alert.
No man is happy without a delusion of some kind. Delusions are as necessary to our happiness as realities. – Christian Nevell […]
The market gapped higher this morning after yesterdays heavy selling. At this time the market (metals and indexes) are trading at resistance […]
You can fool all the people all the time if the advertising budget is big enough. – Ed Rollins – Portugal has […]