Five Reasons to Consider Market Vectors Coal ETF

Source: Seeking Alpha, Tom Lydon (11/16/10)

"Coal could have a future that burns bright."

Coal producers are reporting higher profits as coal prices, along with coal-related ETFs, surge higher on the growing demand for fuel from the emerging markets. But higher coal prices may force some countries to start digging for their own coal.

Multiple forces are converging to potentially create more price spikes in coal:

In Europe, German electricity prices are gaining as coal rose to its highest level since June 2009, reports Lars Paulsson for Bloomberg.
Demand for coal has been increasing due to the greater need for fuel from China and India.
In Canada, second-quarter earnings for TSX-listed Western Coal Corp was almost 18 times greater year-over-year at $40.8 million, Teck Resources announced increased revenue due to higher coal prices and Coalspur may soon begin "one of the largest export coal projects in North America," writes Matthew Hill for Mining Weekly.
The International Energy Agency's World Energy Outlook warned that China's expansion of its own coal mining industry could change the global coal market in five years, stating that "Xinjiang's contribution to global coal production could be double the contribution that Ghawar—the world's largest oil field—currently makes to oil production."
According to Murray Coleman for Barron's, Market Vectors Coal ETF (NYSEArca: KOL) was up last Friday as some of its top holdings performed on potential talks of acquisitions.

As long as China's demand remains elevated and demand elsewhere doesn't cool, coal could have a future that burns bright.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."