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Mining Leader Sees Gold Boom Continuing
Buoyed by high prices, demand from Asia and a weak U.S. dollar, the gold industry has flourished since prices bottomed out in 2000 and probably is only halfway through the current boom, a leading industry official said Wednesday.
“Overall, our market is strong and will remain strong for some time to come,” said Ronald Stewart, senior [...]
Oil, Gold Bottom on China-Led Rebound, U.S. Trust, Goldman Say
Oil, gold and copper have bottomed in the last three weeks and may lead a rebound in the commodities markets, say a growing minority of strategists.
“We are positioning for an upturn,” said Michael Hoover, who manages $475 million at U.S. Trust Co.’s Excelsior Energy and Natural Resources Fund, which gained an average 20 percent a [...]
Peak-oil theory warns tank’s almost empty
FORGET pipeline problems in Alaska. The real elephant in the corner is “peak oil”. This issue is in the same category as global warming – although there is a division of opinion as to whether or not it’s real, it is probably prudent to assume the worse-case option.
Peak oil is the point at which it [...]
