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Wednesday, May 02, 2007

News for Tuesday

I didn't post yesterday because I was finishing up Update #2 for the "Golden Age of Uranium" report. It's going through the system now and should be out this afternoon (it's a bit long).

Meanwhile, here's some interesting news ...

Asia to Contribute 70 Percent to Global Energy Demand Growth, Naimi Says
Asia will account for more than 70 percent of the world's incremental demand growth for energy, Saudi Oil Minister Ali al-Naimi said

Skittish Traders Start Gold Market Sell-Off Although most analysts remain bullish in the longer term, many agree that further weakness may be in store for gold in the immediate future.

China
's spot copper trade in doldrums as Labor Day holiday starts China's copper trade is at a standstill this week due to Labor Day holidays from May 1-7, traders said. A local trader said: "Spot trade is almost coming to a halt this week" due to the holidays.



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