BHP Billiton’s plan for an 8-million-tonne potash mine near Jansen, Saskatchewan, would be a global game changer – changing the dynamics for miners world-wide, Reuters reports.  Demand for the key fertilizer is expected to rise 3 to 5 percent per year, while BHP’s mine would increase global supply by a whopping 14 percent.  However, analysts…Read More…

“European Union leaders are set to urge faster integration of the bloc’s power and natural-gas markets to lower energy prices,” says Bloomberg, “as the U.S. shale-gas revolution widens the EU’s cost gap with its largest trading partner.”  Current energy costs in the EU are four times higher than in the U.S. and growing, but Europe…Read More…

Yesterday gold dropped $17. …on a day when Ben Bernanke promised NOT to hit the brakes on his monthly campaign of easing. (Heck, the man won’t even pump the brakes, just to make sure they still work!) That means more bond buying and long-term low interest rates. It’s a savers nightmare, and underpins our precious…Read More…