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.
This year's Hard Assets Conference was as big as they come. It always brings a ton of mining experts to the city. Enough time has passed for the information discussed there to be actionable, so now it's time to review the show.
Dreams of success seldom come true in the risky junior exploration sector but investors drive gold stock prices up into multiples of their true value as Global Resource Investors founder Rick Rule and Exploration Insights author Brent Cook see it.
China's domination of the rare earth industry has led to very real fears about the future supply of these strategic metals. The head of Medallion Resources explains the supply bottleneck and how his company is working to solve it.
Despite the volatility, the Global Resource Investments founder believes the secular commodities bull market will continue its charge and says you need to stomach the highs and lows in this investment arena.
A relatively small decline from near-record gold levels was partially countervailed by overnight gains in the yellow metal attributable to some bargain hunting and continuing perceptions that not all is well with the state of global economics.