It gave a great overview on many key commodities and precious metals that are in long-term bull markets. There are few sure things in life, but one for me is that I will be attending the next Hard Assets Investment Conference in New York.
Many goldbugs like gold as a hedge against Federal Reserve policies and high inflation. The president of Cranberry Capital is a different kind of goldbug and explains how his proprietary monetary measure, "The Actual Money Supply," is the reason why.
The San Francisco Hard Assets Investment Conference is my favorite trade show ever. It was different this year with the exhibitors split between two levels at the Marriott Marquis but the seminars and workshops were phenomenal.
While news that the euro zone had reached a deal on the next installment of aid for Greece initially pressured the US dollar and lifted gold and the euro a tad, its impact wore off relatively quickly and markets opened with a different tenor this morning.
The founder and chairman of Sprott Global Resource Investments Ltd. shares his belief in the power of gold as both "catastrophe insurance" and an investment vehicle. As to equities, he sees a new discovery cycle lifting the prospects of majors and juniors.
As we head into the last quarter of the year, the publisher and editor of The Midas Letter questions how important macroeconomic trends are for individual investors. But he does believe stock catalysts in the energy space are easier to understand than precious metals.
Instead of scrutinizing one’s portfolio for some flaw in investment style or strategy, time is better spent acquainting one’s self, in my opinion, with the fundamental changes that have asserted themselves in the global marketplace.
Gold sees inflation coming. With the Fed’s ongoing record stimulus, for example, it sees uncertainty as the only real certainty. It sees a debasing of the currencies while the soaring monetary base in the U.S. and around the world mounts.
Copper is often referred to as "Dr. Copper," the metal with a Ph.D. in economics. Yet most analysts don't view it as a critical metal. The Mercenary Geologist, gives his thoughts on why the experts are wrong.