Despite a pullback from its all-time high, gold is still trading in the $1,700 range. What's more, I believe gold will eclipse $2,200 an ounce in the next year, and shoot beyond even $5,000 an ounce after that.
New gold buying has a positive secondary effect on the gold mining sector. Not only should this trend repeat again in the coming year, but it's likely to be amplified as gold stocks finally respond to a long overdue bout of catching up.
If copper is to replace gold as the world's most-valuable metal, China will play a huge role. With all its uses - from hybrid cars to an electricity grid - copper may become both an inflation hedge and a strategic asset.
Overall, I was impressed with all aspects of the Strange Lake project, and the management team behind it. The project is clearly well on its way to completing the pre-feasibility study, and determining the flow sheets required to produce end products.
Even while gold, silver, and platinum steal most of the headlines, there are stealth bull markets advancing in other precious metals. Take palladium for instance. Indeed, while platinum may have the prestige, palladium has the profits.