Best outlook for silver since the days of the Hunt brothers « Peter J. Coope...

"Not since the Hunt Brothers tried to corner the silver market in the late 1970s has there been more dramatic news for silver prices than last week’s confirmation from the Commodity Futures Trading Commission enforcement division is investigating the silver market."

$150m Islamic hedge funds debut in Dubai « Peter J. Cooper’s Weblog

" Some industry watchers have suggested that Al Safi’s funding and the launch of DSAM is a historic milestone in Islamic Finance. And it seems ironic that Islamic hedge funds should debut at such a bad time for the hedge fund industry as a whole but if they can make this...

Gold will shine after dark times « Peter J. Cooper’s Weblog

" We are expecting the price to rally again in the short to medium term, although a new record is not thought likely. Gold’s recent slide is down to such factors as the general drop in commodity prices - in particular oil - and the recovery in the US dollar."

TSX Drops nearly 500 Points Due to Fuel Prices and Mortgage Crisis

The US mortgage quagmire and fluctuating fuel prices have caused the Toronto Stock Exchange to wobble... yesterday, the TSX lost 4%.  Though bad for everyday folks, high fuel prices actually tend to boost the TSX, so at the moment you will be unlikely to find Canadians...

T. Boone Pickens Hurt by Oil's Slide

It's hard to feel sorry for a man who has been trying to use the government's power (along with Nancy Pelosi) to make a lot of money. So I won't feel bad for him, not one bit."The billionaire Texas financier T Boone Pickens is suffering a costly headache from the volatile...

U.S. exports cigarettes, bras, bull semen to Iran

"WASHINGTON (AP) -- U.S. exports to Iran -- including brassieres, bull semen, cosmetics and possibly even weapons -- grew more than tenfold during President Bush's years in office even as he accused Iran of nuclear ambitions and helping terrorists. ...

African Union: "Unite or Starve"

I can't really argue with this: if it means bargaining with a collective continental market in order to get a better deal on necessities, then so be it. SInce the various AU nations have such different agendas, both with the West and with each other, it's hard to predict how...