A poor jobs report out of the United States sparked a buying binge in hard assets and that helped the gold miners to move higher during Friday trading on the Canadian Markets.

It’s a quick task to keep an eye on large-cap gold mining. Just a handful of companies sport market values above $10 billion. Near the top is Goldcorp.

Isn’t it true the Canadian oil sands yield a type of low-grade oil good only for synthetics and not for gasoline or home heating?

It was a mixed session on the Canadian markets during Wednesday trading as, believe it or not, the junior bourse outperformed its bigger brother.

Gold turned in a tepid performance during the New York session on Tuesday, rising well until nearly noon, where it peaked at $883, but then declining from there through the Globex and finishing weakly at $875.60, up $1.60. Overnight, gold has fallen off in London.

‘Check out the new Harmony uranium venture. It’s looking interesting…’ My ears pricked up. It is the most positive thing I have heard from any of my contacts in South Africa for a good few months. As I told Erin, it could not be more up-to-the minute, having both uranium and gold!

It was here in Manchester, England, that Europeans stole a march on the rest of the world. The Industrial Revolution made it possible for people to produce more wealth, more quickly.

The increased price of greasing the whole machine…written down, written off, and inflated away. Pity the poor who have to eat…“late, degenerate capitalism” at its finest. Homes wilt like lettuce in the Vegas sun…the Olympic torch passes by Daily Reckoning offices…and more!