Archive for 'Investments'

Investment Strategies When Interest Rates Rise

Low interest rates are great for us as consumers as it makes it easier to make our mortgage payments, car loans and ongoing credit card debt. But it’s not so great when we’re looking for the best return on our investments. Walter Davis has some answers about investing when rates begin to rise.

As I travel across the country meeting with financial advisors and their clients, a common concern I hear voiced is “how can I position my portfolio for when the inevitable happens and interest rates start to rise?” In response, I state that certain types of alternative investments are well suited to help prepare portfolios for rising interest rates in the future, while also potentially adding value in the present.

Specifically, I highlight four different types of alternatives for clients to consider:

  • Senior loans (also known as bank loans, senior secured loans and/or leveraged loans) – Senior loans are loans made by banks to non-investment grade companies, commonly in relation to leveraged buyouts, mergers and acquisitions. The loans are called “senior” because they are contractually senior to other debt and equity, and are typically secured by collateral.

Given that the loans are made to non-investment grade companies, the yield associated with them tends to be higher than on investment grade corporate bonds.1 For example, as of the end of May, senior loans were yielding 5.51% versus a yield of 2.99% on investment grade corporate bonds.

See the full article by Walter Davis

 

Passive Income From Stock Investing

It’s the stuff of dreams. I like to call it “mailbox money”. It’s not for everybody and it’s not very exciting, but man, it works. In fact it works really, really well. Here’s one guy’s story that collects $450,000 from his “mailbox”.

Retired since 1975, Harry is an experienced investor who has been able to survive and thrive from his initial investment decisions. When I see him, we talk mainly about the stock market, and how to be successful in it. During my last chat with Harry, I asked him whether he has ever sold a stock. His answer surprised me. He said, “No.”

Think about that. Here is someone who invested roughly $700,000 in a basket of stocks, and has never sold a single company he bought in the last 40 years. That is not to say he has not bought anything since 1975. He does reinvest his dividends in new companies, and due to mergers and acquisitions, he will come into new cash that he can invest. He told me this, “I have over five million people working for me right now, and they pay me 9¢ each to work for me.” He told me he is paid $450,000 in dividends from his initial investments in 1975. This is a man who literally survives primarily on his dividend income.

See the full story by Thomas Pound

Stock-VectorsA majority of investors today are well versed in the myriad of investment vehicles and strategies available for creating and maintaining wealth. Also, like most investors we all have our own comfort zone when it  comes to investing in some of these strategies. So it came as no surprise when a survey conducted by John Hancock showed that up to 70% of these investors prefer to have some control of where their money is actually going. Read the full article below…

 

BOSTON, July 20, 2015 /PRNewswire/ — Nearly 70 percent of investors say they act as partners with their financial advisors in exploring options and making final decisions regarding financial matters, according to a recent John Hancock survey, while one quarter say they accept what their advisor recommends for them. Many investors feel that listening and partnering pays off, as 34 percent report that the value of their investments has increased substantially due to their advisors’ recommendations.

The findings were drawn from the second quarter 2015 John Hancock Investor Sentiment Survey, a quarterly poll of affluent investors.  The survey measures investors’ feelings about the current economic climate and their evaluations of what represents a good or bad investment given the current environment. The poll also asks consumers about their confidence in reaching key financial goals and likelihood of purchasing financial products and services.

Asked how they liked to interact with their financial advisor, the most popular choice was on a face-to-face basis (70 percent), while nearly as many indicated a desire for telephone contact. Very few cite text messaging (five percent), Skype/video chat (two percent), social media or podcasts (less than 0.5 percent) as their communication preference.

The survey found that investors primarily look to advisors for a plan to manage their investments (70 percent). Two-thirds work with an advisor to develop a retirement plan.  Half of those surveyed said they look to their advisor to produce a comprehensive financial plan for major life events and goals. Only 20 percent of investors say their advisors made recommendations or a plan to deal with the risk of death, disability, critical illness or other risks.

When it comes to improving their experience with a financial advisor, 30 percent of investors say more in-person interaction would improve their experience. Nearly 20 percent say that regular electronic updates about the account are a good way to improve client experience.

About the John Hancock Investor Sentiment Survey
This online survey was conducted by independent research firm Greenwald & Associates.  A total of 1,064 investors were surveyed from May 11th to May 22nd, 2015. To qualify, respondents were required to participate at least to some extent in their household’s financial decision-making process, have a household income of at least $75,000, and assets of $100,000 or more. The data were weighted by age and education to reflect the population of Americans matching the survey’s qualification requirements. In a similarly-sized random sample survey, the margin of error would be plus or minus 3.1 percentage points at the 95 percent confidence level.  Due to rounding and missing categories, numbers presented may not always total to 100 percent.

About John Hancock Financial and Manulife
John Hancock Financial is a division of Manulife, a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Operating as Manulife in Canada and Asia, and primarily as John Hancock in the United States, our group of companies offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Assets under management by Manulife and its subsidiaries were C$821 billion (US$648 billion) as at March 31, 2015. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK. Manulife can be found on the Internet at manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range of financial products, including life insurance, annuities, investments,  401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at johnhancock.com.

SOURCE John Hancock Financial

CONTACT: Beth McGoldrick, (617) 663-4751, bmcgoldrick@jhancock.com

RELATED LINKS
http://www.jhancock.com

Trading The Markets

If you have trading experience and have actually studied the data, you should know that Rising Volatility and Declining Volume on rallies are always associated with Bear Markets Rallies. Bull Markets are always accompanied by Rising Volume and steadily Increasing Prices.

For nearly 100 years, there was a standard rule for gauging long term Entry and Exit points in the Stock Market. If the DJIA Dividend Yield fell to 3%; sell and don’t come back until it was over 6%. This simple Rule of Thumb worked wonderfully until Doctor Greenspan became Wall Street’s Keynesian Master Bubble Maker in 1987. What ever happened to his belief in the GOLD STANDARD that he held up until he became Chairman? At the top of the 2000 Bull Market, the DJIA was only yielding 1.32%, not that anyone but me and a few others cared or even noticed. It’s a scary thought, but at the March 2009 Bottom, the DJIA Dividend Yield had only increased to 4.6%, and now it’s back below 3%. Dividends matter, especially during Bear Markets. When Capital Gains and decent Bond Yields become Distant Memories, the only logical reason for investors to buy stocks is to get higher and safer dividend yields than can be had from Treasuries because below the surface, there is nothing positive going on.

FINREG:

THE FRANK – DODD, SCREW AMERICA, BILL EXAMINED

Without blinking an eye the Administration did more yesterday to guarantee the next financial crisis than FDR did with his New Deal. With the single stroke of a pen, President Barack Obama set in motion 243 new formal rule-making bodies and 11 different federal agencies. Each of the 243 new bodies will create employment for hundreds of banking lobbyists as they try to shape what the final laws will actually look like. And when the rules are finally written, thousands of lawyers will bill millions of hours as the richest incumbent financial firms that caused the last crisis figure out how to manipulate the new system.

Yesterday, the Washington law firm, Jones Day snapped up the Securities and Exchange Commission head enforcement division lawyer, and J.P. Morgan Chase assigned more than 100 teams to examine the legislation. By delegating so much to the regulators, Congress is inviting everyone interested in the outcome to make more and more campaign contributions, as they will try and succeed in intervening in the regulatory process to influence the regulators. Nothing is settled.

Learn how to buy gold and make great money doing it! Forex Signals is the best investment in ANY economy!

Keynes Revisited

It seems that even the great John Maynard Keynes, whose theories are now the basis of economic thought world wide, has himself been taken out of context and his theories completely bastardized to suit the consecutive gangs of thieves that have taken over economic and political thought the world over. In a paper entitled, The Great Slump of 1930, the godfather of interventionist ideas, very shortly after the publication of his famous book, “THE GENERAL THEORY OF EMPLOYMENT, INTEREST AND MONEY” realized that there are limits to interventionist policies – that central banks cannot act alone and that only great creditor nations can be the source for sparking ‘wealth creation” through deficit spending. Nowhere in any of his speeches or writings did he even remotely suggest that Socialism should replace Free Markets as the best system for a country to be run on.

On numerous occasions between 1934 and 1937, Keynes warned FDR to discontinue his vilification of Capitalism and American businesses if he ever expected to get the economy back on track. Yet here we are with Bernanke, a self proclaimed expert on the 30’s Depression and Obama, vilifying every industry and company they can for what purpose? To gain political power? Or to look for an excuse for a government takeover? BP from the very beginning proclaimed to all who would listen, that they accepted full responsibility and would PAY all legitimate claims. Obama’s response was that “he will be keeping his boot on the neck of BP” and the lawyers and politicians are out in force readying all sorts of legal action. The USA has stopped being a Nation of Laws and instead has sunk to the depths of MOB RULE; just the same as what happened during the French Revolution.

“The Central Bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an enemy to all banks discounting bills or notes for anything but coin. If the American people allow private banks to control the issuance of their own currency, first by inflation, then by deflation, the banks and corporations that grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.” Thomas Jefferson

With most countries already in competition to devalue their currencies, investors are becoming more concerned with the risk of sovereign defaults. The U.S. could be dangerously close to the point where the more the FED does, the worse the situation becomes. Quite frankly, having already played their interest rate, bailout, and QE cards, everyone is looking for the returns that these policy choices were supposed to generate. Should the FED recharge its printing press prior to achieving their desired effects, you bet that the economy and investors will not be responding well..

Even the mainstream press is starting to take notice, long after the trend has been well established. Ambrose Evans Pritchard dedicated a piece to the collapse in M3 growth, something that hasn’t been seen in the US since the Great Depression. Monetarists the world over are frightened about this trend and with good reason. US interest rates are already essentially zero. The massive monetary and fiscal stimulus has been epic in its proportions. And all this has still not prevented the actual textbook deflationary trend we now find ourselves in.Given these undisputable facts, is it any wonder that there is doubt as to the possibility of a broad, well-grounded economic recovery? The bottom line is as M3 goes, so goes America.

The BIG Fiat Money Ponzi scheme was started back in 1913 with the creation of the FEDERAL RESERVE SYSTEM. However, as we all know (or should know), all PONZI schemes must eventually fail because regardless of their size, they all eventually run out of fresh money. The ultimate breakdown will show up in a US Treasury default. Watch out for it.

With the US still deep in Recession, it is possible and perhaps even likely that the US economy will be dealt a sledgehammer blow over the coming months as the full price for the European crisis might well be paid for in American jobs. Companies that employ European workers have virtually overnight gained a 20% labor cost advantage over US companies. This means they can lower their prices relative to companies employing American workers and grab big chunks of market share.

As the crisis in the Euro continues to develop, some are calling for parity between the Dollar and Euro by next spring. (Could happen a whole lot faster than that.) This would be about a 35% plunge in the value of the Euro compared to where it started from back in January and that includes China and any other country whose currency is pegged to the US Dollar. Say good bye to any chance of China revaluing its currency against the US Dollar, no matter what Geithner says. OUT SOURCING is likely to return with a vengeance especially when Obama’s economic and taxing policies are taken into consideration. All of this is taking place in the midst of a global financial and economic crisis. However, with the ever increasing power of the Unions, things could still get a lot worse.

The economy is reeling, employment has not been growing and unemployment claims are rising even before the Euro’s crash began. Yet, the so-called recovery remains a prediction of most economists and all government officials, none of whom had any premonition whatsoever two or three years ago that the current situation was even possible. They were all heralding the arrival of the New Paradigm.

Learn how to buy gold and make great money doing it! Forex Signals is the best investment in ANY economy!

Gold vs. The Fed

Gold vs. The Fed

Gold vs. The Fed-Image by digitalmoneyworld via Flickr

There were no worldwide financial crises of major magnitude during the Bretton Woods era (1947 to 1971), proving that Gold and Free Markets are a more efficient regulator of monetary policy than the Federal Reserve. When it last met, the FOMC signaled its desire to increase the rate of inflation by providing additional monetary stimulus. This policy is based on a false and dangerous premise – that manipulating the dollar’s buying power will lead to higher employment and economic growth. But empirical experience of the past 40 years points to the opposite conclusion. Guaranteeing a stable value for the dollar by restoring dollar-gold convertibility would be the surest way for the FED to achieve its dual mandate of maximum employment and price stability. For the 20 years (1947 to 1967) under dollar-gold convertibility, unemployment averaged only 4.7% and never rose above 7%, while real growth averaged 4% a year. Low unemployment and high growth coincided with low inflation, which averaged only 1.9% while interest rates were low and stable. However, since 1971 when President Nixon introduced Socialist Price Controls and formally broke the link between the dollar and gold, the USA has suffered higher unemployment (averaging 6.2%, more than 1.5 percentage points above the 1947-67 average) and lower real growth rates (averaging less than 3%). In addition, we have since experienced the three worst recessions since the end of World War II, with the unemployment rate averaging 8.5% in 1975, 9.7% in 1982, and above 9.8% for the past 2 years. During these 39 years of Government and FED manipulation, the consumer-price index rose, on average, 4.4% a year. That means that a dollar today is only worth about 1/6th of what it was worth in 1971.

Interest rates, too, have been high and unstable with Treasuries averaging more than 8% and hitting a high in 1980 of 21% and until 2003, never falling below 6%. This is symptomatic of the monetary uncertainty that has reduced the economy’s ability to recover from both external and internal shocks and led directly to one financial crisis after another. The world suffered no fewer than 10 major financial crises, beginning with the Oil Crisis of 1973 and culminating in the Financial Crisis of 2008-09, and now the Sovereign Debt Crisis and potential Currency Wars of 2010-11, and a MUNI Bond crisis looming for 2011. At the center of each of these crises were gyrating currency values – as the dollar’s value gyrates, it produces windfall profits and losses destroying the Capitalist System by interfering with the life blood signals given off by Supply and Demand. Thus, it never achieves the false promises that a floating dollar would make American labor more competitive and improve the nation’s trade balances. In 1967, one Dollar could buy the equivalent of 2.4 Euros and 362 Yen. Over the succeeding 42 years, the Dollar has been devalued by 72% against the Euro and 75% against the Yen. Yet net exports have fallen from surpluses up until 1967 to a $450 billion deficit today. The FOMC, like their predecessors, after 42 years still do not know what it is that needs to be done. By keeping the federal-funds rate near zero for almost two years, small businesses still cannot get loans and seniors not only suffer from the loss of safe retirement income due to artificially low interest rates, but they’re now advocating higher inflation at a time when their measures of inflation have completely broken down and are distrusted by everybody, both Foreign and Domestic, in the fallacious hopes of spurring economic growth and creating jobs. Economists may disagree on why the Gold Standard (Capitalism) delivered such superior results compared to the recurrent instability and overall inferior economic performance delivered by the current system (Socialism), but the data is clear. A Gold-based Capitalist System delivers higher employment and more price stability. The time has come to begin the serious work of reversing our accelerating march towards European style Socialism and move back as quickly as possible to a Gold backed Capitalist system for the benefit of America and the World.

The Communist’s desire for worldwide domination through an appointed UN, has been succeeding slowly but surely over the last 65 years, by first constantly changing their names from Progressives to Democrats, to Liberals (Socialists) and now back again to Progressives. This is an ongoing attempt to fool the electorate as to what and who they really are and blame their failures on Capitalism. Their political success really blossomed when the Socialists succeeded in taking over control of our education system so that even so called Conservative Economists were brought up on text books written by Socialists. (I was brought up on Samuelson and Keynes, but fortunately for me I could not get into Princeton or Harvard because their Jewish quota was full). They have succeeded to the point that, with the backing of a Liberal Press and Media, they are now blaming the debacle that we are now in on greedy banks, investors and businesses under the Capitalist system, feeding speculation and poor judgment. In truth the two housing bubbles were fed totally by 40 years of government interference with the workings of Capitalism.

Not knowing what else to do beginning in 2001, individual investors started accumulating Gold, while both the governments and their bankers were dumping Gold in an effort to hold down its rise. But today, most country’s central bankers are now piling back into Gold in hopes of finding a safe haven, while trying to get out of Fiat Currency, especially Euros and US Dollars (while trying their best to avoid crashing the dollar. This is a common sense response to the FOMC’s intention to decrease the buying power of the Dollar and destroy our savings.

GOOD LUCK AND GOD BLESS

Learn how to buy gold and make great money doing it! Forex Signals is the best investment in ANY economy!

Here’s the Truth About Diamonds

Here's the Truth About Diamonds

Here's the Truth About Diamonds-Image via Wikipedia

After seven years in the diamond business, Ira Weissman launched a website – Truth About Diamonds – to help diamond shoppers make educated decisions and garner significant savings; and he loves what he does.

Weissman understands that people who buy diamonds are likely doing so for a momentous occasion; they want the product to be just right. But, where does one begin? There are many things to consider when purchasing a diamond ring.

“It’s all about building trust,” says Weissman. “In addition to teaching people about diamonds, I protect them from unethical diamond-seller practices. I spend time learning about what the person wants and I ensure that they get it.”

For instance, bachelors who are ready to take the marital plunge often need guidance and direction when diamond shopping. And, Truth About Diamonds provides that support to ensure that they are not taken advantage of in an industry filled with dishonest players.

Weissman provides online visitors with personal assistance. Visitors to the site post questions and Weissman answers them. He holds their hand every step of the way. Most importantly, his services are free and he almost always helps his readers save significant money.

Many readers have shared positive stories.

One recent visitor to the site said: “Ira is a legend. We had multiple e-mail exchanges and he answered all of my questions. In the end, his service saved me thousands of dollars; he really took the time to understand what I wanted and made excellent recommendations. He didn’t push me to spend more than I needed, nor did he sway me to use a specific vendor. We continue to keep in touch and he even followed up with me to see how my fiance liked her diamond ring.”

In addition to professional, personalized advice, Weissman offers critical reviews of major diamond sites and provides practical diamond reviews.

“My greatest joy comes from helping people to leave a little extra cash in their pockets for the challenges that lay ahead in married life,” adds Weissman.

Weissman is available to write an educational column about diamonds for niche publications such as men’s magazines. For more information, visit: www.TruthAboutDiamonds.com .

NOTE TO EDITORS:- Photo 300dpi download: www.Send2PressNewswire.com/image/11-0601-Weissman_300dpi.jpg- Photo Caption: Ira Weissman, founder, Truth About Diamonds.

CONTACT: Ira Weissman of Truth About Diamonds, +972-54-336-8913, ira@truthaboutdiamonds.com

Web Site: http://www.TruthAboutDiamonds.com

Self Directed IRA Group Relocates to Miami Beach

IRA Financial Group, the leading facilitator of Self Directed IRA and Solo 401(k) Plans is pleased to announce the relocation of its Miami office to 235 Lincoln Road in Miami Beach

We are delighted to be in a spectacular building in a prime location in the heart of the City of Miami Beach. The move underlines our intention to invest further in our Miami office where we have a very strong and expanding team of employees.

IRA Financial Group, the leading facilitator of Self Directed IRA and Solo 401K Plans is pleased to announce the relocation of its Miami office to 235 Lincoln Road in Miami Beach, the city’s premier business and shopping location.

Commenting on the Miami office move, partner Adam Bergman, said: “We are delighted to be in a spectacular building in a prime location in the heart of the City of Miami Beach. The move underlines our intention to invest further in our Miami office where we have a very strong and expanding team of employees.”

He continued: ”Our new Lincoln Road office provides us with high quality, flexible office space with room to expand. The move will enable us to support our current client needs as well as offer us the needed space to continue to provide high quality services to our increasing expanding client base.”

Lincoln Road Mall is a pedestrian-only promenade and the epicenter of what’s happening in South Beach. Located between Alton Road and Washington Avenue, Lincoln Road offers unique shopping, sidewalk cafes, bars, galleries, and fine dining. People watching is also a favorite pastime.

About the IRA Financial Group

The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP and Dewey & LeBoeuf LLP.

IRA Financial Group is the market’s leading “Checkbook Control” Self Directed IRA and Solo 401K Plan Facilitator. We have helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment.

To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com

“Green” Investments Rise by 8%

"Green" Investments Rise by 8%

"Green" Investments Rise by 8%-Image via Wikipedia

Solar deals and transportation investments shape annual results

US venture capital (VC) investment in cleantech companies increased by 8% to $3.98 billion in 2010 from $3.7 billion in 2009 and deal total increased by 7% to 278, according to an Ernst & Young LLP analysis based on data from Dow Jones VentureSource. VC investment in cleantech in Q4 2010 reached $979 million with 72 financing rounds. VC investment in cleantech in Q4 2010 reached $979 million with 72 financing rounds, flat in terms of deals and down 14% in terms of capital invested compared to Q4 2009.

“In comparison to the early days of cleantech, the 2010 US VC investment results reflect a turning point in the industry due to improving credit and capital markets, the deployment of stimulus spending and increasing corporate cleantech adoption,” said Jay Spencer, Ernst & Young LLP’s Americas Cleantech Director.

Solar investments shape annual growth

The Energy/Electricity Generation segment raised $1.32 billion in 2010, the most VC funding for the year, which was largely attributed to investments in follow-on solar deals and a second generation of solar companies. Investments in solar in 2010 increased by 77% to $1.58 billion.  In Q4 2010 solar investments reached $279.17, an increase of 129% compared to the same period last year.  The largest deal for all of Q4 2010 was completed by Abound Solar, a Fort Collins-based provider of photovoltaic modules, which raised $111.18 million. Another notable deal in this segment: a solar cell developer, SoloPower Inc. of San Jose, CA, raised $51.57 million.

Industry products and services lead annual growth

The Industry Products and Services segment completed 2010 with a 179% quarter on quarter growth and a 79% year on year increase due to significant investments in the transportation and materials segments, as well cleantech developments for the consumer products and construction industries. The segment raised $1.24 billion through a total of 80 deals in 2010 and $355.84 million in the fourth quarter, including two of the largest deals in Q4 2010: Elevance Renewable Sciences Inc., of Bolingbrook, IL, a provider of specialty chemicals derived from natural oils, raised $100 million and SAGE Electrochromics Inc. of Fairbault, MN, a provider of electrochromic smart window products, raised $80 million. Investments in electric vehicles (EV) and charging stations generated 56% ($695.17 million) of investment in this category in 2010 due to large deals completed by three EV manufacturers: Better Place, Fisker Automotive; and Coda Automotive, Inc.

“Electric vehicles are bringing the strands of cleantech together as companies begin to address opportunities that will arise from the growth of the new consumer and commercial markets. These companies are from industries such as: utilities, big box retailers, rental car and battery storage,” continued Spencer. For example, Panasonic recently announced a $30 million investment in electric vehicle company, Telsa Motors.

Energy Efficiency segment experienced slight drop in 2010

VC investment in the Energy Efficiency segment dropped 9% from 2009 to 2010, to $688.99 million through 68 deals. In Q4 2010, 17 deals were completed in the segment, attracting $196.63 million, a 41% decrease from Q4 2009.  The largest Energy Efficiency deal in Q4 2010 was closed by OPOWER, Inc., of Arlington, VA, an energy consumption technology provider, which raised $50 million.

Growing seed round financing

In addition to sub-sector trends, 2010 US cleantech investment was marked by a resurgence of seed round investment. Seed rounds accounted for a large number of deals, 18, for 2010, a 125% increase in comparison to eight seed round deals in 2009. The share of investment dollars going to second rounds increased from 18% in 2009 to 26% in 2010. Later stage deals received $2.37 billion or 62% of the money invested in this period.

Capital markets and government momentum

Growth in the US cleantech market in 2010 was further evidenced by three venture-backed cleantech IPOs –- compared to one in 2009.   These 2010 deals were completed by Amyris, Tesla  Motors and Codexis, Inc.

Additionally, in Q4 2010, 17 US M&A transactions, valued at $358.5 million, were completed, according to IHS Herold. The largest transactions of that group were in the renewable space. United Technologies acquired Clipper Windpower for $221.6 million and Atlantic Power Corp. acquired Cadillac Renewable Energy, LLC for $77 million. On the corporate side, Exelon Corp. revealed plans to invest nearly $5 billion through 2015 on clean energy and efficiency projects.

At the federal government level, the $858 billion tax-cut bill recently signed by President Obama will extend grants for renewable energy projects for a year, a potential boost for developers seeking financing. California legislators further set the stage for significant cleantech investment and adoption. The state’s regulators approved a rule that would require utilities to get a third of their power from renewable sources by 2020, the most ambitious standard in the US.

Regional breakdown for 2010

The western US, lead by California, continued to dominate national cleantech investment in 2010.  The Mountain Region, Pacific Northwest and California collectively completed 154 deals equaling $2.76 billion in 2010. The North east, Mid-Atlantic and South east regions of the US jointly secured 74 deals, which amounted to $625.79 million.

About Ernst & Young’s Strategic Growth Markets Network

Ernst & Young’s worldwide Strategic Growth Markets Network is dedicated to serving the changing needs of rapid-growth companies. For more than 30 years, we’ve helped many of the world’s most dynamic and ambitious companies grow into market leaders. Whether working with international mid-cap companies or early stage venture-backed businesses, our professionals draw upon their extensive experience, insight and global resources to help your business achieve its potential. It’s how Ernst & Young makes a difference.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 141,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

For more information, please visit www.ey.com

Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.

This news release has been issued by Ernst & Young LLP, a US client-serving member firm of Ernst & Young Global Limited.

Note to editors:

Ernst & Young uses the following definitions to classify the cleantech industry and its sub-sectors:

Clean technology encompasses a diverse range of innovative products and services that optimize the use of natural resources or reduce the negative environmental impact of their use while creating value by lowering costs, improving efficiency, or providing superior performance.

  • Alternative Fuels – Biofuels, natural gas
  • Energy / Electricity Generation – Gasification, tidal/wave, hydrogen, geothermal, solar, wind, hydro
  • Energy Storage – Batteries, fuel cells, flywheels
  • Energy Efficiency – Energy efficiency products, power and efficiency management services, industrial products
  • Water – Treatment processes, conservation & monitoring
  • Environment – Air, recycling, waste
  • Industry Focused Products and Services – Agriculture, construction, transportation, materials, consumer products

CONTACT: Samantha Sims of Ernst & Young LLP, +1-201-872-1683, Samantha.sims@ey.com

Web Site: http://www.ey.com

OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that operates the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Minco Silver Corporation (“Minco Silver”) (OTCQX: MISVF; TSX: MSV), a Canadian based mining company focused on the acquisition and development of high quality silver properties, is now trading on the OTC market’s highest tier, OTCQX®.

Minco Silver began trading today on the OTC market’s prestigious tier, OTCQX International.  Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.OTCQX.com and www.OTCMarkets.com.

“Investors prefer the quality-controlled admission process on OTCQX which identifies the segment of OTC-traded companies focused on valuation and transparency,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “We are pleased to welcome Minco Silver to OTCQX.”

Berenbaum Weinshienk PC will serve as Minco Silver’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements and compliance with U.S. securities laws.

About Minco Silver Corporation

Minco Silver Corporation (OTCQX: MISVF; TSX: MSV), trades in the United States on OTCQX under the symbol “MISVF” and on the TSX: “MSV”, and is a Canadian based mining company focused on the acquisition and development of high quality silver properties. The Company has its corporate head office in Vancouver, Canada. The Fuwan Silver deposit, the company’s flagship project, is located in southeastern China. The Fuwan project has 158 million ounces of silver delineated at the present time.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks.  Our OTC Link platform supports an open network of competing broker-dealers that provide investors with the best prices in over 10,000 OTC securities.  In 2010, securities on OTC Link traded over $144 billion in dollar volume, making it the third largest U.S. equity trading venue after NASDAQ and the New York Stock Exchange.  We categorize the wide spectrum of OTC-traded companies into three tiers– OTCQX (the quality-controlled marketplace for investor friendly companies), OTCQB (the U.S. reporting company marketplace for development stage companies), and OTC Pink (the speculative trading marketplace) — so investors can identify the level and quality of information companies provide.  To learn more about how OTC Markets Group makes the unlisted markets more transparent, informed, and efficient, visit www.OTCMarkets.com.

Subscribe to the OTCQX RSS Feed

CONTACT: Grace Keith, OTC Markets Group Inc., +1-212-896-4428, grace@otcmarkets.com

Web Site: http://www.OTCMarkets.com

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