The only thing that’s free right now is the air that we breathe. Other than that it costs to manufacture every object and commodity in the world. There is also a certain cost to producing an ounce of gold. It doesn’t grow on trees.
Following the notion that "knowledge is power," Lo explains the philosophies that guide his publications, the reasons why educated investors have nothing to fear and why some companies remain good bets in the out-of-favor mining sector.
Some exploration projects in Colombia are advancing to the mine definition stage, says Paul Harris, and with the government starting to provide the level of administration that the sector needs, the country is poised for great things.
"Half science, half art, half luck," is how Brent Cook describes a geologist's work in distinguishing an anomaly from a deposit. But here he suggests investors will have an easier time distinguishing good drill results from bad if they know how to dissect a company's press releases.
We saw Monday gold, silver and both the large and junior miners dip lower at the open and close above Friday's high on more than triple average volume. This is a significant technical development as it means the gold bulls have regained control at a key technical low.
Jurisdiction risk continues to grow as a result of countries attempting to capitalize on higher commodity prices. In this interview, Thibaut Lepouttre discusses which jurisdictions offer better value to investors and which countries to avoid.