Whenever I am able I read Richard Russell’s prescient musings on the world’s capital and commodity markets I take advantage of the opportunity.  Yesterday his advice was particularly pertinent.  Mr. Russell believes we are on the threshold of something entirely different. He said,

“The age of instant communications has arrived with the advent of the telephone, the cell phone, the fax, the hand cranked or windup radio and TV.  The wonderful living standards of the developed nations are no longer a secret the rest of the world (it’s just human nature) wants to have what we have, namely freedom and prosperity.”

Philip Williams, Pinetree Capital’s VP of business development, says the spot price for uranium will likely explode above $100/lb. in 2011, much as it did in 2007 when it topped at $137. The good news, Philip says, is that even when uranium comes off its high, it will likely only fall to around $80. It’s around $73 now. If Philip’s right, we’re on the cusp of another round of uranium market madness. And you will want to read this Energy Report exclusive for some of Pinetree’s favorite uranium and lithium plays.

Do old investment strategies apply to the new gold market? Doug Groh, a fund manager and senior research analyst with Tocqueville Asset Management in New York City, has been analyzing basic materials and gold equities for more than 25 years. In this exclusive interview with The Gold Report, Doug explains how to view gold’s history when making investments in its future.

: Legendary investor, economist and commodities analyst Marc Faber says that prices of precious metals, especially gold and silver, could fall, but investors need not worry because the dip in the prices of these commodities will be shot term.

For the week, the S&P500 jumped 2.7% (up 4.2% y-t-d), and the Dow advanced 2.3% (up 4.4%).  Market strength was broad-based.  The S&P 400 Mid-Caps jumped 3.0% (up 4.2%), and the small cap Russell 2000 rose 3.2% (up 2.1%).  The Banks gained 3.3% (up 3.7%), and the Broker/Dealers increased 1.4% (up 2.3%).  The Morgan Stanley Cyclicals rose 3.4% (up 4.7%), and the Transports added 1.2% (down 1.0%).  The Morgan Stanley Consumer index gained 1.9% (up 0.2%), and the Utilities increased 0.5% (up 1.3%).  The Nasdaq100 rose 3.0% (up 5.4%), and the Morgan Stanley High Tech index surged 4.0% (up 7.5%).  The Semiconductors jumped 5.6% (up 12.5%).  The InteractiveWeek Internet index rose 4.6% (up 5.6%).  The Biotechs gained 2.0% (down 0.4%).  With bullion up