The precious metal Silver has many important uses in the modern world. Unlike gold Silver does not get much of media’s attention. This year Silver has jumped 47% beating gold which has risen 27% so far. Earlier this week the price of Silver rose 7% to reach $21 an ounce according to a news report. …
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A few years ago I wrote a article on the Gold and Silver supercycles.In that post I noted how these two commodities go thru boom and bust cycles in varying periods all the ways from late 1800s. Recently I came across an chart on the commodity supercycle. As most commodities have declined sharply in the …
The following chart shows the non-OECD countries with increasing use of coal for electricity generation : Click to enlarge Source: Medium-Term Coal Market Report 2012, IEA Related ETF: Market Vectors-Coal ETF (KOL) Also checkout: Should You Invest in the Land of Komodo Dragons? 10 Coal Stocks from the Russell Global Coal Index Why Invest in …
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Coal is a major source of fuel for electricity generation in many countries. Relatively cheap and abundantly available, coal will continue to play a significant role in power production for years to come. I came across the following chart showing coal use in electricity generation in select countries: Click to enlarge Source: Coal and …
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Fossil fuels are still the main source of energy for most of the world despite the increasing use of renewable energy sources. Oil, Natural gas and Coal are the three main fossil fuels. While most countries have at least one of these three fuel sources, some countries and regions have an abundance of one or …
Continue reading ‘Location of World’s Main Fossil Fuel Reserves’ »