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Friday, May 1: Today in Gold and Silver

NEW YORK (TheStreet) — The gold price did nothing in Far East trading—and once the dollar index began to head south with a vengeance, it was obvious that JPMorgan et al were there to prevent the price from breaking out to the upside.  It managed to rally above unchanged going into the jobless claims number at 8:30 a.m. EDT, but the HFT boyz and their algorithms were there with their

Tesla unveils battery to 'transform energy infrastructure'

The Tesla Powerwall can store power from solar panels, from the electricity grid at night when it is typically cheaper, and provide a secure backup in the case of a power outage. “The goal is complete transformation of the entire energy infrastructure of the world, to completely sustainable zero carbon,” Musk told reporters shortly before unveiling the Powerwall in a stylish warehouse space outside Los Angeles. All the power for

Tesla moves into batteries that store energy for homes, businesses

By Nichola Groom and Paul Lienert LOS ANGELES (Reuters) – Tesla Motors Inc on Thursday unveiled Tesla Energy – storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry. Chief Executive Elon Musk said the company’s goal was to “fundamentally change the way the world uses energy on an extreme scale.” He introduced

China overtakes US as Australia's largest foreign investor

China has for the first time overtaken the United States as Australia’s largest source of foreign investment, according to official data, laying out Aus$27.7 billion (US$21.8 billion) in 2013-14 as real estate purchases more than doubled. The Asian economic giant’s spending in Australia for the year ending June 30, 2014 far outstripped the Aus$17.5 billion from the United States — which was the biggest investor for more than a decade

Sandstorm Gold to Release First Quarter Results on May 5

[PR Newswire] – VANCOUVER, April 30, 2015 /PRNewswire/ – Sandstorm Gold Ltd. (“Sandstorm”) (NYSE MKT: SAND, TSX: SSL) will release its 2015 first quarter results on Tuesday, May 5, 2015, after markets close. Sandstorm Gold Ltd. is a gold streaming and royalty company. Sandstorm provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from