Oil-sands mogul Murray Edwards is backing a C$100 million ($92 million) bond sale by Imperial Metals Corp. that will help fund the cleanup of a mine-waste spill, the worst accident of its kind in Canada in 20 years.
For this special year-end feature, we asked some of your favorite thought leaders about the tools they use to spot trends and make those important buy-sell decisions. What are the early indicators that gold will rise, plummet or coast sideways?
Market volatility sets the stage for price upswings as well as down, according to Michael Gray, equities analyst of Macquarie Capital Markets, and the recent gold price drop should be seen as a "pause" in the bull market.
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.
Far from icebound, Greenland is wealthy in rare earth elements, precious metals and oil. Already, says the Aheadoftheherd.com publisher, companies are beginning to outline major discoveries at just pennies a share.
Equity valuations have so far failed to keep pace with rising bullion prices, but that makes for some outstanding investor opportunities among a few particularly well-positioned juniors that the newsletter publisher identifies as running ahead of the herd this summer.
If you're among the many who consider investing in the junior resource sector nothing more than a crapshoot, look into the Ahead of the Herd Publisher's steps to derisk the inherently risky business of investing in junior resource companies.
As potash prices reach their highest levels, uranium prices have suffered. But the host of Ahead of the Herd online and editor of the Ahead of the Herd newsletter believes the prospects for both industries are bright.