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Showing posts from August 31, 2009

MININGNTERACTIVE

MAWSON RESOURCES LTD. TSX - MAW Frankfurt - MRY (WKN# A0B 8YJ) Pinksheets - MWSNF MAWSON PLANS DRILLING AT 4 URANIUM PROSPECTS AT HOTAGEN, SWEDEN Four hundred (400) shallow diamond drill holes are proposed to test bedrock for strike extensions of uranium mineralization at known prospects beneath thin soil cover. The drill program is planned to commence in early December 2009. States Michael Hudson, Mawson President & CEO “Mawson’s geological team have been busy collecting and interpreting detailed new information from the Hotagen uranium district, enabling us to prioritize the most high prospective sites from 21 separate project areas that have already been defined. We are extremely positive about the prospectivity of this region and look forward to drill testing these four projects to maintain the momentum of discovery in this exciting area.” View Mawson News Release Dear Friends: Now “let’s see what Mawson has in store for us in September”? As I sai
Ron Paul: Fed's autonomy is coming to an end Submitted by cpowell on 01:27PM ET Monday, August 31, 2009. Section: Daily Dispatches The Fed's Interesting Week By U.S. Rep. Ron Paul Monday, August 31, 2009 http://www.house.gov/htbin/blog_inc?BLOG,tx14_paul,blog,999,All,Item%20n... It has been an interesting week indeed for the Federal Reserve. First it was announced that President Obama intends to reappoint Fed Chairman Ben Bernanke to a second term in January, signaling a vote of confidence in him. Bernanke seems to be popular with the administration and with Wall Street, and with good reason. His lending policies have left big banks flush with newly created cash that covers up old mistakes and allows for new ones. By buying up mountains of Treasury debt he has also enabled spending to soar to ridiculous levels that should startle any responsible economist, and scare any American concerned about the value of the dollar. However, these highly sensitive decisions a

Market Watch: Whatever September holds, it's just one month

Monday's Personal Finance stories By MarketWatch Don't miss these top stories: Debit cards for teens Rethink your 529 plan Easing mutual-fund tax bite The market has come a long way off its March 9 lows and nowhere is that more true than in the small-cap arena, which has seen a 70% gain in just under six months. That raises the question for many investors about just how much higher the market can go, if at all, before a major correctionsets in. You might be inclined to back off equities for a time, especially cutting your allocation to small-cap stocks, if you are heeding the warnings. The problem for many investors is that they have missed a lot of the bull run since for most of the year they have been busy shifting assets away from stocks and into bonds, spooked by the collapse that occurred after August 2008. Such behavior is not uncommon among Main Street investors, who tend to sell long past peaks and buy back in well after rallies are underway.