Geothermal energy is continuing to gain traction as a viable solution to our alternative energy needs. I recently did a a href="http://briskycapital.blogspot.com/2008/12/alternative-energy-look-at-geothermal.html"profile on one of the leaders in the geothermal space, Ormat Technologies /a(a href="http://finance.yahoo.com/q?s=ora"ORA/a). Here's a roundup of some of the latest geothermal news:br /br /strongSurprising magma find captivates geothermal scientists/strongbr /Three developments in the geothermal world this month have caused more excitement in the field than these rock lovers tend to see in half a year. First up, drilling engineers accidentally tapped into a magma chamber in Hawaii while searching for new geothermal energy sites, a title="geologists" href="http://news.bbc.co.uk/2/hi/science/nature/7780873.stm"geologists/a reported last week. The exceedingly rare discovery occurred in a geothermal field that was under development for power production.br /The magma find provides an unexpected window into the process by which rock from the ocean floor forms into continental rock. Most of Hawaii is made of cooled lava, ...

There's been a lot of talk about Obama's new economic stimulus plan. The word "infrastructure" keeps getting thrown around, and I think its getting misinterpreted. Because we keep hearing infrastructure, every stock in that space is getting a pretty good bump. Here are some of his words: br /br /span style="font-style:italic;""Hence Mr. Obama's emphasis over the weekend on spending on "infrastructure" -- build roads, modernize schools, expand Internet access, improve buildings' energy efficiency, put better technology in hospitals."/spanbr /br /span style="font-style:italic;""The need for a big economic jolt means "we can't worry short term about the deficit," Mr. Obama said on NBC's "Meet the Press." "We've got to make sure that the economic stimulus plan is large enough to get the economy moving."br //spanbr /br /I'm not sure how much of the money is going into the "build roads" part of the conversation. I think we're going ...

Nevada is more than Las Vegas. Its banking and finance industries are very strong, as is also the construction industry, but there is yet a lot more. Check out the following interesting facts:1. Nevada is a state without usury limits, which has attracted many credit card companies to establish in the state.2. Nevada, after California, produces the most geothermal energy in the nation.3. Nevada produces about 10% of the world’s gold supply.4. Nevada has no corporate income tax.5. No franchise tax6. The state has no personal income tax.7. There is no state tax.8. Nevada permits one-individual corporations.9. There are more than 300,000 companies incorporated in the state of Nevada.10. The state does not require that the directors of a company be stockholders.The following companies have market caps of over $1 billion …

The entire interview with Cliff Goldstein of AMIDEX is part of our new subscription newsletter, Israel Opportunity Investor. You can find out more about the product and the opportunities we cover at www.israelnewsletter.com.

Can you tell us how AMIDEX got started?
Cliff Goldstein: I’m a lawyer by trade. In 1998 I saw some really compelling advances being made by Israeli technology companies. I decided to go to brokerage firms to see if I could find a way to invest in this ingenuity. I was specifically looking for a mutual fund that invested in Israeli companies. There wasn’t anything out there. After speaking directly to brokers, it was also clear to me that brokers themselves weren’t really knowledgeable about what was occurring on the ground in Israel. I then went to Israeli

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