A way investors can protect themselves is to stick to large, geographically diversified resource producers. Or focus on companies that get the majority of output from more politically stable countries where the odds of resource nationalism taking hold are lower.
Spot gold fell to lows near $1,587 and then opened at $1,596, down $7 while silver touched $27.25 per ounce overnight but opened at $27.52. Once again, the US dollar added a few small steps to yesterday’s upward march and reached 82.85 on the index.
Ivory Coast in West Africa has been known as the world's largest cocoa producer. But the country's governments have taken steps over the years to diversify the Ivorian economy, which has meant efforts to increase exploration and mining.