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.
With the US dollar expected to remain weak for an extended period of time, ETFs that track commodity classes like silver (SLV), gold (GLD), and other precious metals (DPB) have become popular and conservative investments. Increasingly it is going to be important to have exposure to commodities in a long term portfolio to help offset the almost inevitable onset of inflation.