We're talking about some of the largest and best-informed, most sophisticated pension funds, private banks, and asset managers in the world and the wide majority of them think a "black-swan" type event could strike before this time next year.
Brent Cook, editor of Exploration Insights newsletter, and Quinton Hennigh, a geologist and contributor to the newsletter, believe investments in prospect generators have yielded some of their best investments, plodding slowly to unearth often spectacular projects.
Thank Bill Gross for adding muscle this week to the already strong gold prices. The Pacific Investment Management Co. founder and co-chief investment officer said US fiscal problems will burn investors if they aren't protected by gold and real assets.
Spot market gold prices rallied to $1,781 per ounce ahead of Wednesday's US session, recovering from slight losses earlier in the day to stay in line with recent trading, while stock markets were broadly flat and the Euro reversed earlier gains.
The fundamentals for gold and silver appear to be making a positive turn as the US, ECB and Bank of Japan simultaneously signals worldwide QE3. The charts are just beginning to make new uptrends and may have much more room to go.
Wholesale gold prices dipped below $1,665 an ounce during Wednesday morning's London trading, slightly below where they started the week, while stock markets also edged lower, with markets focused on upcoming meetings of central bankers.
Canadian oil and gas research analysts Josef Schachter and Martin Pelletier share some of their best money-making strategies moving forward and list four top junior stock picks that could get cheaper before they get expensive.
Maybe you didn't know that the rogue trader at UBS AG who lost $2.3 billion last year was trading exchange-traded funds (ETFs)... or that Jerome Kerviel, another rogue trader at Société Générale SA who lost $7.2 billion in 2008, was trading ETFs.