http://www.commodityonline.com/ India's largest commodity news portal en-us Fri, 20 Nov 2009 20:31:07 GMT 60 Copyright: (C) 2007 Commodity Online India Limited. All Rights Reserved. http://www.commodityonline.com/images2008/commodity_logo.jpg http://www.commodityonline.com/ 144 27 Visit CommodityOnline.com http://www.commodityonline.com/news/Gold-is-above-its-historical-peak-23117-3-1.html 'Fundamentally price rise in gold is linked to US economy which is still not in good shape resulting into weakening of dollar against other international currencies. The result is price rise in gold in dollar terms. Gold is above its historical peak so there could be correction in prices but such corrections would be more technical in nature ' says Anjani Sinha CEO of Indian Bullion Market Association. Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Beryllium-improves-safety-by-creating-efficient-fuel-23116-3-1.html Mixed oxide fuel has the potential to solve the two major issues of nuclear fuel one of which is the tendency of nuclear fuel rods to crack before all of the energy is extracted. The other issue addressed by beryllium is improving safety by eliminating the theoretical risk of overheating. Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Gold-has-excellent-speculative-potential-right-now-23081-3-1.html Gold has excellent speculative potential right now because of the destruction of the dollar. If dollars lose 25% 50% or even 75% of their current value in a few years that's very bullish for gold. But if that happens we'll have a lot of economic turmoil which is the real reason to own gold. No matter what happens gold is still going to be gold. It's the only financial asset that is not simultaneously someone else's liability. It is not a piece of paper it's not a promise from somebody else. Thu, 19 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Gold-price-is-sitting-on-a-bubble-23031-3-1.html People would move on from one hot trend to another. Sometimes it was the Euro sometimes it was oil or gold. But the three of them in general moved together. So if they were to decide to take a breather on gold for the moment in the absence of any other kind of shock you might well see a lack of the same kind of urgency we had in the middle of 2008 and gold would fall. Wed, 18 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Silver-is-a-better-buy-than-gold-Jim-Rogers-22980-3-1.html The commodities boom is on and the rising price of gold is the best example of the ongoing boom says legendary global commodities investors Jim Rogers. Rogers based in Singapore these days and who has been investing heavily into commodities in China says gold price is set to zoom to $2000 per ounce by next year. In this interview Rogers predicts the shape of things to come for commodities and argues that silver is a better buy than gold. Tue, 17 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Commodities-like-gold-and-silver-are-currencies-22934-3-1.html Various members of the G 20 talk about commodity backing and so on. You could create a computer system where you could actually use commodities as currencies. It's pretty easy to quantify all these units so maybe we will go there. Hardly any hard currency physically trades hands now you could literally have everything just trade in gold and silver on computers. Maybe it goes to that. We will see says Eric Sprott Chief Executive Officer Portfolio Manager of Sprott Asset Management and Chairman of Sprott Money Ltd. Sun, 15 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Gold-Juniors-are-riskier-gold-stocks-are-hot-22829-3-1.html When they're still deeply undervalued on a relative basis you don't have to risk nearly as much capital. So you could make 20% in big gold stocks but you may have missed 50% to 100% in juniors. The juniors are riskier but the amount of capital required to earn the equivalent nominal gains is less. Risk is always relative to a lot more factors than simple percentage moves positions sizes are as equally important. Wed, 11 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Gold-to-play-bigger-role-in-giving-value-to-currency-22812-3-1.html When the Dollar was backed by Gold and was redeemable by gold it being the reserve currency was okay. But at the moment there are no currencies backed by gold. So I think that foreign central banks should hold gold as their key reserve and not another currency. They can also have some foreign currencies as part of their overall reserves but I think that gold should play a much bigger role in giving value to currency. Tue, 10 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Gold-is-going-to-get-comfortable-at-$1-000-22764-3-1.html If any one society acts as a collective it's the Chinese and when the world's largest population is acting as a collective even if a small fraction buys gold that can make a huge difference. This fresh demand is the reason why we have sustainably higher gold prices now. Once that buying really kicks in and has filtered into the full supply demand equation we'll get to that $1 200 or $1 300 price point or more. Mon, 09 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Renewable-energy-A-reliable-source-for-energy-22716-3-1.html We have an abundance of sun and our ability to harness the sun's energy and create electricity is a pretty remarkable opportunity. The primary demand for power generation or power consumption is during the peak hours of the day it's called peak power. That's when usage of electricity is the highest and also when the cost of the electricity is the highest. So utility companies are constantly looking for ways to increase that peak supply of power. Fri, 06 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Cost-of-producing-gold-and-energy-to-decline-22701-3-1.html 'If we get this pullback in the equity markets we'll also possibly see a decline in the price of gold in nominal terms. But I think we're going to see a bigger decline in the cost of the inputs of producing gold. Energy can be a very very big cost factor in certain mining projects. Materials costs went down dramatically last year as well as energy costs.' Fri, 06 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Gold-market-is-healthy-at-$900-$1-100-for-long-term-22610-3-1.html I don't think gold's going to take off and go to $1 500 or $2 000. I think the upside scenario is maybe $1 100 or $1 200 and then somewhere in a range between $900 and $1 100 is probably where the gold market is healthy and where the economy as it compares to the gold market is also reasonably stable. The fear trade is going to be here for a while and inflation might have an impact later on. Tue, 03 Nov 2009 00:00:00 GMT