Manganese is the 4th most traded metal in the world, mainly because it is indispensable in the production in steel and other alloys. The fastest growing sector, however, is in the use of manganese oxides for use in batteries and particularly rechargeable lithium ion (lithiated manganese dioxide or LMD) batteries. LMD batteries are ideal for applications that require high levels of power all at once such as power tools and now electic and hybrid vehicles. Take a look at the infographic presented here to learn about the important role manganese will play in our future.
Read More »Manganese Oxide & Electric Vehicles: The Next Great Power Couple
Manganese is the 4th most traded metal in the world, mainly because it is indispensable in the production in steel and other alloys. The fastest growing sector, however, is in the use of manganese oxides for use in batteries and particularly rechargeable lithium ion (lithiated manganese dioxide or LMD) batteries. LMD batteries are ideal for applications that require high levels of power all at once such as power tools and now electic and hybrid vehicles. Take a look at the infographic presented here to learn about the important role manganese will play in our future.
Read More »Ratio of Household Liquid Assets-to-Liabilities at 10-Yr. High BUT…
The U.S. economy grew just 1.9 percent in the first quarter and is expected to show little improvement but...the ratio of household liquid assets to liabilities is now the highest since Q1 2002. [That's great, but exactly what does that really mean?] Words: 225
Read More »Hathaway: A Gold Price of $2,000/ozt Could See Gold Mining Stocks Double! Here’s Why
We will not be surprised if gold revisits the high of last year ($1,900) or pushes through to new all- time highs by year end....and gold stocks should respond very favorably to the perception of a directional change in bullion. We believe that the ten month decline in the gold price has been the major headwind for gold mining stocks....but if gold were to trade at $2000/oz. later this year, and should the ratio of gold mining shares (XAU basis) return to the mid -point of its range since the launch of GLD in 2004, or roughly 15% versus the current level roughly 10%, mining stocks could double on a 25% increase in the gold price.
Read More »Hathaway: A Gold Price of $2,000/ozt Could See Gold Mining Stocks Double! Here's Why
We will not be surprised if gold revisits the high of last year ($1,900) or pushes through to new all- time highs by year end....and gold stocks should respond very favorably to the perception of a directional change in bullion. We believe that the ten month decline in the gold price has been the major headwind for gold mining stocks....but if gold were to trade at $2000/oz. later this year, and should the ratio of gold mining shares (XAU basis) return to the mid -point of its range since the launch of GLD in 2004, or roughly 15% versus the current level roughly 10%, mining stocks could double on a 25% increase in the gold price.
Read More »LI(e)BOR: All You Need to Know – and Why You Should Care (+2K Views)
The very nature of the question used to solicit rates from the contributing banks to establish the LIBOR (London Interbank Offered Rate), tells you all you need to know. The banks are asked, in effect, “At what rate could you borrow funds, were you to do so by asking for and then accepting inter-bank offers in a reasonable market size just prior to 11 am?” The bank is supposed to submit a rate where they think they could borrow, not where they actually borrowed, or where they would lend to other contributors...and, as such, LIBOR has always had an element of “gamesmanship” if not outright lying. [Here's what you should know about what LIBOR is, how it is established and why you should really care.] Words: 1100
Read More »von Greyerz: 4 World Crises – Sovereign, Banking, Economic and Social – Guarantee a Hyperinflationary Depression (+4K Views)
We are in a number of crises: the sovereign crisis, a banking crisis, an economic crisis and a social crisis. The first three crises together are guaranteed to bring down the world economy because they are not just in one country, they are worldwide....A social crisis will develop leading to even more social unrest. All of these factors are why this will ultimately lead to a hyperinflationary depression - the most serious depression the world has ever experienced - and why investors have to focus on protecting their wealth.
Read More »No Further QE Until This Fall – Here’s Why
The Federal Reserve is in quite a pickle. Mr. Market expects them to print money to support the economy...but if the economy continues down this path, we may have a deflationary depression on our hands...Fed Chairman Ben Bernanke has said he will not allow this to happen under any circumstances. The Fed wants to keep interest rates low and create inflation so that it can pay off existing debt with cheaper dollars, avoiding insolvency. [The fact of the matter, however, is that] the Federal Reserve cannot stop printing money or the U.S. will experience the economic phenonmenon referred to as the Minsky Moment. [Let me explain just what the aforementioned all means.] Words: 1195
Read More »No Further QE Until This Fall – Here's Why
The Federal Reserve is in quite a pickle. Mr. Market expects them to print money to support the economy...but if the economy continues down this path, we may have a deflationary depression on our hands...Fed Chairman Ben Bernanke has said he will not allow this to happen under any circumstances. The Fed wants to keep interest rates low and create inflation so that it can pay off existing debt with cheaper dollars, avoiding insolvency. [The fact of the matter, however, is that] the Federal Reserve cannot stop printing money or the U.S. will experience the economic phenonmenon referred to as the Minsky Moment. [Let me explain just what the aforementioned all means.] Words: 1195
Read More »A Balanced Analysis Suggests a Recession is NOT Imminent – Here’s Why
The permabears are coming out the woodwork. Bad, scary articles and news seem to attract more attention and eyeballs than good news articles or those that offer a counterbalanced view. Whenever someone gets interviewed on US TV, it’s for someone proclaiming the end of the expansion – you never see them interviewing someone offering a counter view of a more positive nature. This article gives you a balanced, opposing view to the tiresome popular perma-bear consensus so that you can make your own balanced decision. [As for our own conclusion, we don't see imminent recession. Here's why.] Words: 1315
Read More »