Sometimes the worst of times brings out the best in people. Such is the case in Australia's mining sector, according to Richard Karn. While some companies are floundering or failing altogether, Karn has noticed a few shining exceptions.
After more than a decade of perpetual strength, gold suffered its worst losses since the early 1980s. Many investors have eschewed the metal in favor of stronger markets; however, this has helped to return this long-term bull market to health.
Most people simply cannot conceive of a U.S. dollar hyperinflation any more than a current resident of San Francisco could imagine a 1906 or 1989 earthquake. Many simply choose to not dwell on these potentialities.
Wednesday's FOMC meeting is Ben Bernanke’s swan song, and if tapering is to be announced he would probably go out with falling bond markets, falling equities and a soaring dollar, not to mention disruption of emerging market currencies.
There's a saying that old love never rusts. James West might have broken it off with the gold space for a while, but he always knew he'd be back when the time was right. In this interview, West talks about what has convinced him to start shopping for gold stocks again.