söndag 7 juli 2013
lördag 6 juli 2013
MIDAS letter om Naturally Splendid Enterprises Ltd
Breakthrough Omega-source food products to make any food a healthy, omega-rich choice.
"Naturally Splendid Enterprises Ltd. has created a line of hemp-seed derived Omega-rich products that can be seen on shelves in mainstream western Canadian supermarkets at this point such as Save On Foods, Urban Fare, London Drugs, Marketplace IGA and Sobeys.Sales in these stores are growing, and the number of stores expected to start carrying NS Hemp products is expected to rise throughout 2013. They recently signed on a national distributor to expand distribution across Canada.
But the really interesting differentiator for Naturally Splendid is its new product line upcoming, will allow hemp oil in aqueous and powder forms to be incorporated as a food additive to just about anything. Imagine “omega-rich” pizza, or omega-enriched bread and milk. Suddenly foods that traditionally have no omega essential fatty acid content can be a superb dietary source of omega 3 and 6 in exactly the right proportion for maximum dietary uptake. Its the twist to Naturally Splendid that makes the company’s ability to grow its bottom-line business exceptional."
Carnegie köprek på Statoil
"Statoil har underpresterat sina peers med 15 procent hittills i år.
Carnegie tror att denna situation kan hänföras till skattehöjningen i Norge och guidning för lägre produktion under 2013.
Dessutom kommer prisnedgången i oljan att påverka Statoil mer än de flesta av sina peers med tanke på dess ganska rena upstream exponering och stora investeringar i området. Investmentbanken ser den svaga kursutvecklingen som ett bra köpläge. Riktkursen är 154 norska kronor och Statoil är ett mycket attraktivt upstream exponerade bolag med en tilltalande värdering. Mot slutet av innevarande år är bolagets produktion inställd på att börja växa igen. Under nästa år kommer flera stora områden dessutom tas i bruk."
Dessutom kommer prisnedgången i oljan att påverka Statoil mer än de flesta av sina peers med tanke på dess ganska rena upstream exponering och stora investeringar i området. Investmentbanken ser den svaga kursutvecklingen som ett bra köpläge. Riktkursen är 154 norska kronor och Statoil är ett mycket attraktivt upstream exponerade bolag med en tilltalande värdering. Mot slutet av innevarande år är bolagets produktion inställd på att börja växa igen. Under nästa år kommer flera stora områden dessutom tas i bruk."
fredag 5 juli 2013
3 råd för att bli miljonär
Följ tre enkla regler och du blir miljonär.
Per H Börjesson som skrivit ett par böcker om privatekonomi drog stor publik i Almedalen. Många ville ha konkret vägledning hur man blir miljonär genom klokt sparande.
Här är hans tre råd:
Per H Börjesson som skrivit ett par böcker om privatekonomi drog stor publik i Almedalen. Många ville ha konkret vägledning hur man blir miljonär genom klokt sparande.
Här är hans tre råd:
- Spara 10 procent direkt när du får lön. Vänta inte på bättre tider.
- Köp en bostad i ett bra läge och amortera på dina lån.
- Köp aktier eller aktiefonder, gärna indexfonder, och behåll dem.
torsdag 4 juli 2013
Will Indian Silver Imports Reach a Record in 2013?
Will Indian Silver Imports Reach a Record in 2013?
Like most commodities, silver has had a tough time these past few months, having fallen from close to $30 in mid-April to its current price of $19.32. However, good news for the white metal has recently arisen in the form of Indian silver import figures.
In a note published last Friday, Eric Sprott and David Franklin state that after importing just 1,900 metric tons (MT) of silver in 2012, India has brought in 2,400 MT of the precious metal in just the first five months of this year. That is significant given the fact that India’s record for silver imports, recorded in 2008, is 5,048 MT, as per SilverSeek.com.
Why the surge in imports?
In terms of precious metals, India’s claim to fame has long been its status as the world’s biggest gold consumer. It’s gained that title largely because people in the country have limited access to banks, and, according to Sprott and Franklin, “owning precious metals is synonymous with savings and security.”
However, at present, taxes and import restrictions are making it difficult for buyers to get their hands on the yellow metal. Seeking Alpha contributor Dante Caruso elaborates on those measures in a recent article, commenting that in May, the Indian government raised the gold import duty to 8 percent from 6 percent as part of its “drastic measures to redirect [gold] investment back into the economy.” Further, lending against gold, including gold jewelry and gold ETFs, has been restricted, while Reliance Capital and the All India Gems & Jewellery Trade Federation are attempting to curb sales of gold and gold-related products.
As a result “it would appear that the Indian gold trade has moved offshore” to get away from those factors, while ”the majority of Indian investors” — excluding larger investors — are gravitating toward silver, Sprott and Franklin state.
The implications
Unsurprisingly, these circumstances have investors wondering whether this year will see India break its 2008 record for silver imports.
More importantly, many are considering how the market will be affected if India breaks, or even approaches, that record. Shedding some light on that topic, Caruso states in his article that due to both silver’s cheapness relative to gold and the fact that Indians spend so much more money on gold than on silver — respectively $7.2 billion and $665 million in May — “[v]ery little redirection of gold investment into silver is required to have a major impact.”
Put more bluntly, that means that if even a small number of gold investors decide to buy silver instead, the silver market could easily be overwhelmed, with prices rising “very quickly” as supply diminishes.
With that in mind, it looks as though, like Sprott and Franklin state, silver will be the true winner in India’s “war on gold.”
re-post on Emerging Silver Producers in Mexico
Emerging Silver Producers in Mexico
Silver mining in Mexico is on the rise, and many hopefuls are flocking to the country to try their luck. Here’s a look at five such companies.Canada’s Aurcana (TSXV:AUN) owns 99.9 percent of the La Negra silver-copper-lead-zinc mine, which is located in Queretaro State, Mexico. As of 2009, La Negra was milling 1,000 metric tons (MT) per day, a number that jumped to 2,500 MT per day in 2012. This year, Aurcana expects to reach 3,000 MT per day. While exploration is ongoing at La Negra, a report from August 2012 identified 115 million ounces of measured and indicated silver underground. This news changed the mine’s life to at least 30 years.
Avino Silver & Gold Mines (TSXV:ASM), also based in Canada, has 99.28-percent ownership of the Avino mine in the heart of the Sierra Madre Gold-Silver Belt. The mine was discovered in the 1500s and has been in operation, on and off, ever since. The mine has been owned by Avino since 1974, though production shut down in 2001 as a result of low silver prices and the closure of a key smelter. Avino has since reopened the mine. The San Gonzalo zone achieved full-time production in October 2012, while the company is exploring new zones in the area that were discovered in 2011.
Formerly a subsidiary of NSGold (TSXV:NSX), NSX Silver (TSXV:NSY) is currently actively mining the Dios Padre mine, located in the Eastern Sierra Madre mountain range about midway between Hermosillo and Chihuahua in East-Central Sonora. NSX believes that the Dios Padre property’s exploration potential is excellent, particularly in the breccia body. The property has been mined since the 17th century and hosts high-grade silver mineralization. Pilot tests have already demonstrated that the property responds well to conventional milling and flotation, yielding a concentrate with 87-percent recovery of silver.
Gold and silver producer Silvermex Resources (TSX:SLX)‘s primary asset is La Guitarra, a property located in the Temascaltepec mining district of Central Mexico. The property, along with the company, was absorbed by First Majestic Silver (TSX:FR,NYSE:AG) in July 2012. The mine covers 98,135 acres and has been mined since the 15th century. Recently, the company completed an expansion program, increasing its silver production capacity by 40 percent, to 500 MT per day. Further planning is currently underway to increase production to as much as 1,000 MT per day. The mine consists of two underground operation centers and a flotation mill.
Vancouver-based Kootenay Silver (TSXV:KTN) is currently exploring its Promontorio mine in Sonora, Mexico; the company recently discovered that the mine contains 92 million silver equivalent (AuEq) ounces. The mine is made up of approximately 197,684 acres and contains an estimated 44.5 million MT grading an average of 64.32 g/t AuEq. Exploration of the area indicates that as many as 92 million ounces of AuEq could be available, with an additional 24 million ounces categorized as “inferred.” The company is approaching a milestone of 1 million ounces of AuEq mined.
Silver companies in Mexico
Silver companies in Mexico
The history of silver mining in Mexico stretches back almost 500 years, when the great silver-gold vein system of the Veta Madre at Guanajuato was discovered in 1550. That area is now known as the Silver Belt, and it stretches from Guanajuato and Zacatecas in the Mesa Central, Chihuahua in the Mesa del Norte and San Luis Potosi to the East. Today, this is the home to silver mining companies from around the world."Geologically, there is no better place on earth for silver," said geologist Peter Megaw to The Northern Miner.
Megaw, president of International Development and Exploration and confounder of MAG Silver (MAG-T, MVG-X), has worked in Mexico for nearly 40 years. Last year Mexico produced over 162 million ounces of silver, making it the global leader in silver production.
Though Mexico has long since been a major player on the silver mining scene, the country was not receptive to foreign investors for a large part of the twentieth century. From 1961 to 1991, the Mexican mining law stipulated that mineral assets must be at least 50 percent owned by Mexican companies. In the 1990s, when the law changed to allow 100 percent foreign investment, international companies quickly flocked to reinvest in the country's silver mines, resulting in many new silver sources being uncovered.
Companies to watch in 2013
Fresnillo PLC (FRES:LN) is a United Kingdom-based company which made its debut on the London Stock Exchange in 2008. The group maintains the largest land area of concessions for precious metals exploration and mining in Mexico. In 2012, Fresnillo produced 36.9 million ounces of silver, and the first quarter of 2013 has produced 10.1 million ounces already, putting it up 2.6 percent over the first quarter of 2012.
First Majestic Silver Corporation (TSX:FR, NYSE:AG) currently owns and operates mines in Mexico, with its headquarters in British Columbia, Canada. The corporation anticipates the production of over 11 million ounces of silver in 2013 through their five mines, La Parrilla Silver Mine, the San Martin Silver Mine, the La Encantada Silver Mine, the Del Toro Silver Mine and the La Guitarra Silver Mine.
Endeavour Silver Corporation (NYSE: EXK, TSX: EDR) has seen eight consecutive years of growth since its startup in 2004. The company is mid-tier, focusing on expansion programs at its three operating mines in Mexico, the Guanaceví Mines operation in Durango State and the Bolañitos (formerly called Guanajuato Mines) and El Cubo mines operations in Guanajuato State. A total silver production of more than 5 million ounces is expected in 2013 after a 2012 yield of 4.5 million ounces.
What to keep in mind when investing in silver
Silver, in general, is considered a safe investment. Its worth is not generally going to be greatly affected by political turmoil or economic crisis. However, it should be noted that silver serves as a currency as well as an industrial metal. This gives it behavior similar to that of a currency and may act as an inflation hedge during falling dollar prices.
Prenumerera på:
Inlägg (Atom)