Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
CNBC News reported that some analysts see gold prices nearly doubling while reserves shrink. The market news is quoted as saying: “You could see $3,000 to 5,000 to clear the market as the central banks and bullion banks run out of gold to meet the growing demand,” Bill Murphy, chairman of the Gold Anti-Trust Action […]