Are we in the middle of a "veritable U.S. energy renaissance?" Editor Richard Stavros seems to think so. He cites all the cheap natural gas from the bountiful shale plays "driving a renewal in gas power plant development and the pipelines that feed them, as well as the retail and manufacturing sectors." And although some observers predict U.S. gas production will be slow, Mr. Stavros believes thes...Read More
This video demonstrates the proposed process for mineral extraction being considered for GoGold's Parral Tailings Project In ...Read More
Striking workers at Drummond's Colombian coal mine will not go back to work after wage negotiations failed on Tuesday.The country's coal output has been down by nearly one-third since labour action began two weeks ago, Reuters reports. Drummond - Colombia's second largest coal producer - offered the main union, Sintramienergetica, a 5% pay raise for miners at its two operations; the union was as...Read More
Proactive Investors UK interview SolGold CEO Alan Martin on the Company's exploration strategy & the upcoming Cascabel drill ...Read More
Economic focus should shift from the BRICs to Africa's emerging markets … Just as the green shoots of recovery are appearing in the UK, and positively sprouting upwards in the US, so it seems that the so-called BRIC economies – Brazil, Russia, India and China – are slowing. 'The BRICs really matter. They now account for one quarter of global GDP and, since 2005, they have...Read More
A short history of North America's financial panics … President Andrew Jackson rode a wave of hostility toward financiers into the White House. He declared America's national bank corrupt, and set out to thwart its activities. Private banks responded with rapid expansion, fuelling a real estate bubble. Jackson, who had paid off the national debt, insisted that public lands be paid fo...Read More
Three trends that will create demand for an Unconditional Basic Income … The digitization of our economy will bring with it a new generation of radical economic ideologies, of which Bitcoin is arguably the ?rst. For those with assets, technological savvy, and a sense of adventure, the state is the enemy and a cryptographic currency is the solution. But for those more focused on the decline o...Read More
This is What Budget Cuts Have Done to Detroit … And It's Freaking Awesome … Leaving aside the details on whether the U.S. budget is actually shrinking, one needs to look no further than the city of Detroit to find the spontaneous order, civic cooperation, and peaceful market forces that take over when government simply isn't around. – policymix.comDominant Social Theme: A...Read More
Economic focus should shift from the BRICs to Africa's emerging markets … Just as the green shoots of recovery are appearing in the UK, and positively sprouting upwards in the US, so it seems that the so-called BRIC economies – Brazil, Russia, India and China – are slowing. 'The BRICs really matter. They now account for one quarter of global GDP and, since 2005, they have...Read More
A short history of North America's financial panics … President Andrew Jackson rode a wave of hostility toward financiers into the White House. He declared America's national bank corrupt, and set out to thwart its activities. Private banks responded with rapid expansion, fuelling a real estate bubble. Jackson, who had paid off the national debt, insisted that public lands be paid fo...Read More
Three trends that will create demand for an Unconditional Basic Income … The digitization of our economy will bring with it a new generation of radical economic ideologies, of which Bitcoin is arguably the ?rst. For those with assets, technological savvy, and a sense of adventure, the state is the enemy and a cryptographic currency is the solution. But for those more focused on the decline o...Read More
This is What Budget Cuts Have Done to Detroit … And It's Freaking Awesome … Leaving aside the details on whether the U.S. budget is actually shrinking, one needs to look no further than the city of Detroit to find the spontaneous order, civic cooperation, and peaceful market forces that take over when government simply isn't around. – policymix.comDominant Social Theme: A...Read More
Fed mulls adjusting its tune to quell jittery markets … Federal Reserve officials are considering moving the goal posts on U.S. monetary policy with a promise to keep interest rates low for longer in the hopes of heading off a troubling rise in markets borrowing costs. Top Fed officials, who have pulled out all the stops to boost the U.S. recovery from recession, have worried for months that...Read More
The wheels are coming off the whole of southern Europe … Europe's debt-crisis strategy is near collapse. The long-awaited recovery has failed to take wing. Debt ratios across southern Europe are rising at an accelerating extreme austerity is breaking down in almost every EMU crisis state. And now the US Federal Reserve has inflicted a full-blown credit shock for good measure. A leaked re...Read More
Edward Snowden and the disaster of privatization … In May, computer analyst Edward Snowden flew to China, handed over volumes of National Security Agency surveillance data to a reporter, and launched a heated national conversation about our nation's surveillance state. Underscoring that conversation was the fact that Snowden was a private contractor, given access to a vast store of infor...Read More
Hedge Funds Are for Suckers … At the height of the financial crisis in 2008, a group of famous hedge fund managers was made to stand before Congress like thieves in a stockade and defend their existence to an angry public. The gilded five included George Soros, co-founder of the Quantum Fund; James Simons of Renaissance Technologies; John Paulson of Paulson & Co.; Philip Falcone of Harb...Read More
Elizabeth Warren Introduces 21st Century Glass-Steagall Act … At today's Senate Banking Committee hearing, Elizabeth Warren introduced the 21st Century Glass-Steagall Act of 2013, co-sponsored by Senators McCain, Cantwell, and King. This new bill mirrors the original 1933 Glass-Steagall Act, which separated traditional banking activity (like checking and lending) from the riskier activit...Read More
Fed mulls adjusting its tune to quell jittery markets … Federal Reserve officials are considering moving the goal posts on U.S. monetary policy with a promise to keep interest rates low for longer in the hopes of heading off a troubling rise in markets borrowing costs. Top Fed officials, who have pulled out all the stops to boost the U.S. recovery from recession, have worried for months that...Read More
The wheels are coming off the whole of southern Europe … Europe's debt-crisis strategy is near collapse. The long-awaited recovery has failed to take wing. Debt ratios across southern Europe are rising at an accelerating extreme austerity is breaking down in almost every EMU crisis state. And now the US Federal Reserve has inflicted a full-blown credit shock for good measure. A leaked re...Read More
Edward Snowden and the disaster of privatization … In May, computer analyst Edward Snowden flew to China, handed over volumes of National Security Agency surveillance data to a reporter, and launched a heated national conversation about our nation's surveillance state. Underscoring that conversation was the fact that Snowden was a private contractor, given access to a vast store of infor...Read More