Quite an interesting evaluation on the disparity between Gold and Gold Stocks.
Their time may be coming.
"The opportunity is just too good to pass up. The last time these particular conditions came together, gold stocks rallied 121% in 12 months. "
Check it out:
http://www.stockhouse.com/columnists/2012/feb/14/gold-stocks--next-121--rally-starts-today
Wednesday, February 15, 2012
Friday, February 10, 2012
Warren Buffett: gold has no value -Gold Bug: Warren Buffet has no value!
From the Telegraph UK:
Billionaire investor Warren Buffett has dismissed gold as a valueless asset saying that it has no inherent value. In an article for Fortune magazine, Buffett said that gold investors were pining their hopes on future demand.
He warned that gold was a self-inflating bubble, created by investors desperate for a viable alternative to property and shares.
The infamous investor warned that investors in gold would be left with egg on their face when the price eventually crashed.
"Bubbles blown large enough inevitably pop," he said. "And then the old proverb is confirmed once again: "What the wise man does in the beginning, the fool does in the end."
Buffett's attack comes as private bank Coutts predicts that the gold price will hit "new highs" by the end of 2012.
Personally this is one bet I'd love to make with Buffet - I'll bet my pennies for his billions that he's wrong on this one!
See the full article here:
http://www.telegraph.co.uk/finance/personalfinance/investing/gold/9074670/Warren-Buffett-gold-has-no-value.html
Billionaire investor Warren Buffett has dismissed gold as a valueless asset saying that it has no inherent value. In an article for Fortune magazine, Buffett said that gold investors were pining their hopes on future demand.
He warned that gold was a self-inflating bubble, created by investors desperate for a viable alternative to property and shares.
The infamous investor warned that investors in gold would be left with egg on their face when the price eventually crashed.
"Bubbles blown large enough inevitably pop," he said. "And then the old proverb is confirmed once again: "What the wise man does in the beginning, the fool does in the end."
Buffett's attack comes as private bank Coutts predicts that the gold price will hit "new highs" by the end of 2012.
Personally this is one bet I'd love to make with Buffet - I'll bet my pennies for his billions that he's wrong on this one!
See the full article here:
http://www.telegraph.co.uk/finance/personalfinance/investing/gold/9074670/Warren-Buffett-gold-has-no-value.html
Plan Nord - Investing in the Future of Quebec
Interesting overview of Plan Nord, the long term sustainable mining development plan of the Quebec government.
Article from TMR (Technology Metal Research:
http://www.techmetalsresearch.com/2011/06/rare-earths-plan-nord-and-the-future-of-quebec/#.TyxGi9LtmAQ.twitter
Article from TMR (Technology Metal Research:
http://www.techmetalsresearch.com/2011/06/rare-earths-plan-nord-and-the-future-of-quebec/#.TyxGi9LtmAQ.twitter
Graphite in Focus....
More talk about graphite. Good read with Jack Lifton of the AU Report.
http://www.theaureport.com/pub/na/12484
Now that the USA and EU have both declared graphite a supply-critical material, I think that the few graphite players like Northern Graphite and Focus Metals will really have an opportunity to take off.
http://www.theaureport.com/pub/na/12484
Now that the USA and EU have both declared graphite a supply-critical material, I think that the few graphite players like Northern Graphite and Focus Metals will really have an opportunity to take off.
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