Saturday, October 16, 2010

Geoff Burns, The Silver Lining: Inside Commodities

Oct. 15 2010 | A look at why mining companies are riding the bullish wave, with Geoff Burns, Pan American Silver CEO.


Strategic default : Underwater, Walking Away

Oct. 15 2010 | Insight on the growing number of "strategic default" cases, with Chad Ruyle, YouWalkAway.com, and Peter Safronoff, strategic defaulter.





Jeffrey Nichols Gold at $1500 by end of year 2010

Gold price of $1500?...$2000? Is that possible, and if so, how? According to Nichols it is possible because of Asia starting to buy more and more gold.
Jeffrey Nichols (Sr. Economic Advisor to Rosland Capital) : In the short run i think we could see a bit of correction , but by the end of the year i think there is a good chance we see $1500 an ounce , and in the years ahead $2000 , $3000 and may be higher....the potential is really great, the gold market is very small market compared to world equity, currency and bond markets and even a small shift in portfolio preference away from those bigger markets into gold has a tremendous impact on the gold price ....., The world of gold investing is getting bigger and bigger , the Chinese the Indians , south east Asia are all hungry for the yellow metal and buying from that part of the world is gonna increase ...so that's a big plus...etc....

DAILY NEWS ON BOOZE