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.
There are two markets where supply and demand fundamentals have gone out the window and where the value of the dollar and investor sentiment mean everything. Those markets are of course gold and silver. As silver has become the wild west of the commodities markets, the new pork bellies if you will, investors using the option selling strategy should focus their attention on the “gentleman’s metal” – gold.
Dollar Lower = Gold Higher has been an effective formula for gold put sellers. However, this formula can also work in reverse.
