In February, the conservative state government of Queensland lifted a ban on shale oil exploration and production along its coast, enabling companies to begin assessing the potential there, in the search for starting a shale boom equal to the one in the US.
What is up—the Dow Jones and S&P 500—will come down and what is down—gold equities—will go up fast, predicts the ultimate contrarian investor, Bob Moriarty.
As gold claws back 50% of its losses French investment and London bullion bank repeats forecast of a surge in the gold price contradicting its own commodities team's forecast.