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.
This clever little video from YouTube user wundervest takes us on a quick, broad sweep of history, using gold as the central theme.
For early human civilizations, gold quickly became synonymous with power. Its impact has been felt for centuries, from the early Egyptians to the modern gold rushes and central banking.
Enjoy:
Comments
frankinca
Good example and highlights of gold’s political and economic effect and it’s foretelling of economic problems that are inherent in a fiat monetary system. Gold tells the story and in some ways is the predictor over a longer period of time the results of various reserve methods used for storage of a country’s wealth.