Sunday, 29 March 2015

Jim Rickards In Depth: What The FED Gets Wrong - No Interest Rates Increase 2015.



  This is one of the best interviews with Jim Rickards. The future will tell whether Jim Rickards is right on interest rates.  His Currency Wars have become the reality and Gold will finally reflect the fundamentals once US Dollar will finish its parabolic move. Realisation that FED cannot really raise interest rates in any meaningful way will be the catalyst for this move. China's dramatic appetite for Gold and decrease of gold output will drive the demand and supply constrains.


ZeroHedge: Peak Gold? Goldman Calculates There Is Only 20 Years Of Gold Supply Left.

 


 
  Finally the word is out and multiplied by ZeroHedge. Let's wait when the story will hit mass media now.

Peak Gold: 10 Remarkable Gold and Silver Trends Going Into 2015.


"Gold production is expected to peak in 2015. As the next chart suggests, the discovery cycle peaked some 20 years ago, and that will only reflect as of this year in the production volumes. Combine this with the falling gold prices (currently right below the average cost of production), and the result is a series of liquidations of miners and mining projects which would lead to an even more drastic short-term decrease of gold output. Read more."


TNR Gold: Shotgun Gold Project Development in Alaska.


 "Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."


Saturday, 28 March 2015

Powered By Lithium: Review of the Mitsubishi Outlander PHEV.



Mitsubishi PHEV is very popular now in Europe and feeds the market for SUVs without any worries about the range anxiety, better batteries will bring the switch to full battery EVs. 


"The Mitsubishi Outlander PHEV is the world's first Plug-In Hybrid Electric Vehicle and has some fantastic features including impressive fuel economy and ultra low emissions. With savings on National Insurance contributions and the PHEV qualifying for 100% first year allowance against business profits, the Mitsubishi Outlander PHEV is cost effective for both the company as well as company car users."

Lithium Batteries Costs Among Market Leaders Are Much Lower Than Previously Reported.


Nature Climate Change


  I would like to share this very interesting report about the dramatic decrease in lithium battery costs than previously thought. Industry insiders are already working around $300 per kWh and Tesla Gigafactory will bring us closer to $100 per kWh - the tipping point for the mass market for electric cars.

International Lithium And Ganfeng Lithium: "The End Of The Lithium 'Big 3'.


  "Joe Lowry has published a very interesting article about the lithium market, major producers and rising Chinese powerhouses in lithium industry. You can find now more details on International Lithium strategic partner Ganfeng Lithium. Apple Electric iCar and Warren Buffet BYD move into energy storage to chase Elon Musk with his Tesla Gigafactory bring Lithium back onto the radar screens of investors now. Read more."


International Lithium Corp. and Ganfeng Lithium Commence Work Programs on the Avalonia and Mariana Lithium Projects.




Koos Jansen: When Will China Disclose Its True Official Gold Reserves And How Much Is It?

  


   Koos Jansen has published another great investigative article on China's gold demand and reserves. It goes very well with the Peak Gold scenario. Apart from the news making it to the mass media it is very important that real money are buying into it already: China is on track for another record year in Gold demand. 


ZeroHedge: Peak Gold? Goldman Calculates There Is Only 20 Years Of Gold Supply Left.





  Finally the word is out and multiplied by ZeroHedge. Let's wait when the story will hit mass media now.

Peak Gold: 10 Remarkable Gold and Silver Trends Going Into 2015.


"Gold production is expected to peak in 2015. As the next chart suggests, the discovery cycle peaked some 20 years ago, and that will only reflect as of this year in the production volumes. Combine this with the falling gold prices (currently right below the average cost of production), and the result is a series of liquidations of miners and mining projects which would lead to an even more drastic short-term decrease of gold output. Read more."


TNR Gold: Shotgun Gold Project Development in Alaska.


 "Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."



Koos Jansen:

BullionStar.

When Will China Disclose Its True Official Gold Reserves And How Much Is It?


Things are heating up in the Chinese gold market
First let’s go through the latest Shanghai Gold Exchange data and then we’ll continue to discuss the most recent developments regarding Chinese official gold reserves.
Friday the Shanghai Gold Exchange (SGE) released its trade report of week 11, 2015 (March 16 – 20). Withdrawals from the vaults, which equal Chinese wholesale demand, accounted for 53 tonnes, up 3.91 % from the prior week.

Screen Shot 2015-03-27 at 10.33.53 AM
Blue (本周交割量) is weekly gold withdrawn from the vaults in Kg, green (累计交割量) is the total YTD.

Year to date total withdrawals have reached a staggering 561 tonnes, up 7.3 % from 2014, up 33 % from 2013.When using the basic equation for the Chinese gold market to estimate import, we learn that up until March 20 China has net imported 412 tonnes. Add to this India has net imported about 230 tonnes over the same period, that’s 642 tonnes combined. I wonder how long the Chinese can keep up this pace of importing before physical supply from Western vaults runs dry.
Shanghai Gold Exchange SGE withdrawals delivery 2015 week 11 dips
Trading volume on the Shanghai International Gold Exchange (SGEI) has been 32 tonnes in week 11, which could have distort SGE withdrawals by 0.8 tonnes. (Read SGE Withdrawals In Perspective for more information on the relation between SGEI trading volume and SGE withdrawals)

When Will China Disclose Its True Official Gold Reserves And How Much Is It?

Lithium Technology: Energy Storage For The Grid.



  Here comes the next stage of Lithium technology development - Energy Storage for the smart grid. It will allow to integrate Solar and Wind power. Tipping point will be the reduction in lithium battery price to $100 kWh. 

Lithium Batteries Costs Among Market Leaders Are Much Lower Than Previously Reported.


Nature Climate Change


  I would like to share this very interesting report about the dramatic decrease in lithium battery costs than previously thought. Industry insiders are already working around $300 per kWh and Tesla Gigafactory will bring us closer to $100 per kWh - the tipping point for the mass market for electric cars.


Backed By Warren Buffett China's BYD Takes Aim At Elon Musk's Tesla Gigafactory In Battery Race.


  Our industry is getting hotter by the day. After Apple Electric iCar rumours running wild and getting more and more confirmation, we have Warren Buffett stepping into the Lithium Battery Race. Now we have Tesla with its Gigafactory, LG Chem with its Megafactory in China and Boston Power with stake holding by or strategic partner Ganfeng Lithium in Lithium Battery Race. BYD with Warren Buffett backing is making this investment landscape even more exciting. As Elon Musk has said: "All transportation, apart from rockets, will be electric" Read more."

  


International Lithium And Ganfeng Lithium: "The End Of The Lithium 'Big 3'.


  "Joe Lowry has published a very interesting article about the lithium market, major producers and rising Chinese powerhouses in lithium industry. You can find now more details on International Lithium strategic partner Ganfeng Lithium. Apple Electric iCar and Warren Buffet BYD move into energy storage to chase Elon Musk with his Tesla Gigafactory bring Lithium back onto the radar screens of investors now. Read more."


International Lithium Corp. and Ganfeng Lithium Commence Work Programs on the Avalonia and Mariana Lithium Projects.




Friday, 27 March 2015

ZeroHedge: Peak Gold? Goldman Calculates There Is Only 20 Years Of Gold Supply Left.

 


 
  Finally the word is out and multiplied by ZeroHedge. Let's wait when the story will hit mass media now.

Peak Gold: 10 Remarkable Gold and Silver Trends Going Into 2015.


"Gold production is expected to peak in 2015. As the next chart suggests, the discovery cycle peaked some 20 years ago, and that will only reflect as of this year in the production volumes. Combine this with the falling gold prices (currently right below the average cost of production), and the result is a series of liquidations of miners and mining projects which would lead to an even more drastic short-term decrease of gold output. Read more."


TNR Gold: Shotgun Gold Project Development in Alaska.


 "Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."



ZeroHedge:

Peak Gold? Goldman Calculates There Is Only 20 Years Of Gold Supply Left


Late last year, when looking at a Goldcorp slideshow, we noticed something surprising: the gold miner had forecast that 2015 would be the year when gold production would peak among the mining industry.

To be sure Goldcorp was really just pitching its own balance sheet, and was more focused on its far more levered gold-mining competitors going out of business...
... and hence facilitating "peak production" this year as one after another producer is forced to file for bankruptcy, than actually making a statement on how much gold remains to be mined in the ground. Because the last thing even the most healthy gold miner, with the lowest production cost wants, is to face a world in which their primary commodity is running out.
Which may just be this world.
According to a report issued by Goldman's Eugene King looking at commodity scarcity, the chart below "shows that there are only 20 years of known mineable reserves of gold and diamonds."
Some futher observations on gold and scarcity in general from Goldman:
The combination of very low concentrations of metals in the Earth’s curst, and very few high-quality deposits, means some things are truly scarce. Perhaps unsurprisingly, these are the so-called precious metals (and diamonds), and that their value is derived from the fact they are rare. 

Their relatively scarcity, and the market’s belief that new discoveries will be limited, is what drives the price of these super rare commodities. Take diamonds as perhaps the most extreme example. A diamond has very little intrinsic value. Its value is determined by a belief that it is rare and, for a natural diamond, unique. 

Gold has been used as a measure of wealth for more than 4,000 years, as the ancient Egyptians soon worked out that gold was not only shiny and heavy, but rare.
Of course, this analysis is meaningless in a vacuum: if the "known reserves" of gold plunge in the coming decade, no matter how many gold futures and GLD short sales are conducted by the BIS, the price will have to go up, and it will go up high enough to where a new surge of gold miners will come online and find thousands of new tons of gold reserves around the globe. 
Unless they don't, and Goldman is correct that "peak gold" may have arrived. This will be even more true if over the coming years the long overdue fiat economic panic finally washes over the globe, and a revulsion toward central bank policies forces a scramble into gold whose value (if not price since fiat currencies will be redundant) soars. 
The answer is unclear, but what is certain is that like the price of oil over the past decade and until last fall when price discovery finally became somwhat credible, what happens in the physical realm has absolutely zero marginal impact on the price of commodity which has about 100 ounces in deliverable paper contracts for every ounce in underlying. It will be only after the gold price distortions via the derivative market are eliminated that such trivial price-formation forces as supply and demand are once again relevant. ZeroHedge."

Greece And Euro: Yanis Varoufakis - The Future of The Global Economy.



  No, it is not Jim Rickards or Peter Schiff speaking. This is the new voice of Greece. Announced QE by the ECB only confirms what Varoufakis was talking about two years ago. The drift towards China and Russia can be the inevitable one for Greece now. It will have the very far reaching implications.

Jim Rickards: Gold And FED - When A Panic Starts No Amount Of Reserves Is Enough.


 Confused FED, 18 Trillion dollars in debt and All-Time-High markets - it is going to be interesting. FED has already scaled back the rate hike expectations and US Dollar was sliding down from 100.00 level this week.

Gold: Is US Dollar Parabolic Move Over?



  "This is what is called the parabolic move in US Dollar. It has "coincided" with the collapse in Oil and other commodities. You can appreciate the magnitude of this move and the total devastation is has caused in the commodity markets. Is it over now? Everybody is still bullish on dollar, but FED has already scaled back expectations on the rate hike. Immediately we had the dollar flash crash, which is better seen on the daily chart below. Strong dollar is not very good for the recovering US economy, actually FED is in the corner of 18 Trillion debt, All-Time-High markets and the brave idea to hike the rates. Half of the traders maybe have never even seen rising rates in their lives before. What will happen with the market on fire once the oxygen will be going out? I would say that this "removal of patient does not mean that we are impatient" will lead to the very gradual couple of hikes the most. Once the market realise it, this parabolic move will end in the crash. The higher it goes the harder it will go down. When will it happen? I guess that nobody knows, but at least we have the hesitation now, which could be enough for the margin calls on this the most crowded trade after another 5% move down. Read more."

TNR Gold: Shotgun Gold Project Development in Alaska.


 "Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."




Electric Cars: A Day in the Life of Sir Richard Branson at the Miami ePrix.


  
  Now we have the huge market for EVs, dramatically sliding lithium batteries costs and brilliant minds investing in the future. Elon Musk with Tesla Motors, Warren Buffet with BYD, James Dyson and Richard Branson with Virgin have joined the Lithium Club. It is the great energy and Richard Branson has the ability to reshape the industries like nobody else. Apple iCar is only adding to the fire and buzz about electric cars these days. Richard Branson has started the Lithium Fever in London already and International Lithium is back on the funds and investor bankers circuit now. New people are coming to study our sector and the best projects and companies will find their audience again. Top lithium producer from China with 1.2 B market cap Ganfeng Lithium is financing our J/V projects in Ireland and Argentina . With our teams on the grounds we are moving fast forward in the development of potential raw materials supply for our strategic partner.


Richard Branson On Tesla Competition And Battery Technology.



Richard Branson is promoting electric cars and Formula E. His ability to shake up the industries should not be underestimated.
 

Richard Branson Says Virgin Working On Electric Cars, Might Compete With Tesla.


 Sir Richard Branson is welcomed to our Lithium Club! 2015 EV and Energy Storage space is getting crowded. Warren Buffett with BYD is chasing Elon Musk with Tesla Gigafactory; Sir James Dyson; Apple Electric iCar; FoxconnLG Chem and Boston Power in China; and now Richard Branson with Virgin. The Lithium space is getting hot now and big names are pouring into the sector. Next Trillion Dollar Growth industry is in the making. You do not have to create the Demand - it is already here, you just have to provide the new mobility solution to substitute ICE powered cars. 
  Lithium technology is ready, Elon Musk has demonstrated its potential. Richard Branson is already involved in Formula E and knows about green energy and electric cars very well. Now it is time for Brands and Brilliant Minds to disrupt the auto-industry and market the new product to the exciting customers. You already know where I am going:  Apple and Virgin are the best in switching the customers to their new products. Read more."

International Lithium And Ganfeng Lithium: "The End Of The Lithium 'Big 3'.


  "Joe Lowry has published a very interesting article about the lithium market, major producers and rising Chinese powerhouses in lithium industry. You can find now more details on International Lithium strategic partner Ganfeng Lithium. Apple Electric iCar and Warren Buffet BYD move into energy storage to chase Elon Musk with his Tesla Gigafactory bring Lithium back onto the radar screens of investors now. Read more."

International Lithium Corp. and Ganfeng Lithium Commence Work Programs on the Avalonia and Mariana Lithium Projects.