Black gold is doing better that yellow gold as gold hits a 5-year low overnight, but oil stays solidly above $50 a barrel. Prices failed to take out $50 a barrel after U.S. rig counts resumed their downward trend. The U.S. oil-rig count for oil fell by 7 to 638, according to Baker Hughes.
Big gains are rarely found by jumping on the bandwagon. Peter Epstein argues that market darlings won't reward latecomers; that's why he spends his time finding undervalued, underfollowed junior resource companies
As a former analyst with a strong background in geology, Malcolm Shaw uses his technical and market experience to dig through piles of news and company data to uncover resource investment situations that often go unnoticed by mainstream analysts.
When it comes to supply and demand dynamics, Aheadoftheherd.com Publisher Rick Mills does his own math. China may make a show of its alleged copper surplus and Germany may downplay its need for efficient energy sources, but Mills foresees demand spikes.
The head of Aheadoftheherd.com isn't looking for huge producers with so much overhead that they can't profitably mine an ounce of gold. Instead, Mills seeks out the smaller mines with low capital costs. That's where the money will be made in the next two years, he says.
As "the only metal with a Ph.D. in economics” because of its widespread use in industrial applications copper is an excellent bellwether for the state of global economic activity. And right now copper is predicting a major global rebound.