Category: General

Another Layer of Bureaucracy for Oil and Gas Exploration in the US?

Posted on by The INO.com Team

On May 11, 2012, the US Bureau of Land Management (BLM) published proposed regulations governing "Oil and Gas; Well Stimulation, Including Hydraulic Fracturing, on Federal and Indian Lands." BLM is a latecomer to this party. Its belated meddling lacks practical or economic justification. Instead, the proposed BLM rule would drive oil and gas developers off federal and tribal lands. Complying with the rules is too complicated and costly. Producers can realize a much faster and much better return on their capital investment by developing oil and gas reserves on adjoining private lands.

Federal and tribal lands hold large reserves of oil and natural gas. At a time when the United States desperately needs to move toward, not away from, energy independence, it makes no sense to let bureaucratic meddling effectively place these valuable domestic reserves out of reach. The problems with BLM's approach are myriad. Continue reading "Another Layer of Bureaucracy for Oil and Gas Exploration in the US?" →

Election Day Special

Posted on by The INO.com Team

MORNING STARS RISING - CLASSIC BULLISH REVERSAL CANDLESTICK PATTERNS OCCURRING NOW IN GOLD & SILVER RIGHT AT SUPPORT LEVELS NEAR 200DAY MOVING AVERAGES.

Election Day has finally arrived here in the United States of America, so please exercise your civic duty: get out and vote (if you haven’t already) thank you.

Today was largely expected to be uneventful in the Gold and Silver markets as many traders were looking to avoid the event risk inherent upon the outcome of the U.S. Elections, but that has definitely not turned out to be the case.

After Friday’s massive drops of -$40 Gold and -$1.50 in Silver, which happen to be the biggest single-day spikes lower in the last 2 months, both markets blasted higher this morning with Gold putting on nearly +$35 and Silver around +$1.00 higher (intraday) before pulling back off the highs...

Let’s take a look at where the recent consolidation stands from top to bottom: Continue reading "Election Day Special" →

Look to Midtier and Small-Cap Gold Equities for Growth: Joe Foster

Posted on by admin

The Gold Report: In the first decade of this century, the Van Eck International Investors Gold Fund gave its investors an annualized average return of about 25%. How has the fund performed since we last talked in August 2010?

Joe Foster: Gold stocks have had a tough time in the last couple of years and the fund was essentially flat during that period. The stocks have underperformed the gold price, which is up about 38%, and that is reflected in the fund performance.

TGR: How has the fund performed against the NYSE Arca Gold Miners Index (GDM), its benchmark index?

JF: Since our last interview in 2010 their performances have been similar, roughly flat.

TGR: How much does the fund have under management and how many positions does it hold?

JF: We have approximately $1.4 billion (B) in the International Investors Gold Fund and have 55 stocks in the fund.

TGR: As of May 2012, the Van Eck International Investors Gold Fund was allowed to invest in a wholly owned Cayman subsidiary, which lets it invest directly in commodities and commodity futures. How has that changed your investment strategy? Continue reading "Look to Midtier and Small-Cap Gold Equities for Growth: Joe Foster" →

How the stock market has performed on Election Day

Posted on by The INO.com Team

The U.S. stock market was closed on Election Day through the 1980 election. How it has performed on Election Day in the years since:

Nov. 6, 1984: Hours before Ronald Reagan beats Walter Mondale in a landslide for re-election, and with the economy healing after a deep recession, the Dow climbs 14 points to 1,244.

Nov. 8, 1988: The market enjoys a strong morning in anticipation of a victory by George Bush over Michael Dukakis. It holds only a fraction of the gain, and the Dow ends up two points at 2,127.

Nov. 3, 1992: An uneventful session one day after a rally based in part on speculation that a Bill Clinton presidency wouldn't hurt the markets. The Dow ends down nine points at 3,252.

Nov. 5, 1996: In the middle of a historic bull market, investors embrace hope that Democrat Clinton and a Republican Congress will keep each other in check. The Dow rises 39 to 6,081, within 13 points of its all-time high.

Nov. 7, 2000: George W. Bush and Al Gore go to the wire, and investors hold their bets. The Dow closes down 25 points at 10,952. The Dow slides as much as 5 percent during the five-week fight over the Florida vote.

Nov. 2, 2004: After a five-day winning streak, the market confronts the prospect that the race between George W. Bush and John Kerry won't be settled on Election Night. Late selling pushes the Dow down 18 points to 10,035.

Nov. 4, 2008: Investors expect an Obama victory and look ahead to a new administration to confront the financial crisis and deepening recession. At a time when wild swings are common, the Dow climbs 305 points to 9,625.

By The Associated Press

Poll:Tell Us Who Will Win The 2012 Presidential Election

Posted on by The INO.com Team

The 2012 Presidential Election is going to come down to the wire. With election day looming tomorrow it's too close to call. We wanted to ask our members and Blog readers this....

Which candidate will win the 2012 Presidential Election?

View Results

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Leave a comment and tell us why you think your choice will win.

Every Success,
Jeremy