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The Evidence Is in: Gold Miner Profitability Surges

The recent gold bull market is delivering nice returns for gold mining stocks. Miners spent years cutting costs in the face of low prices and now are reaping the rewards of revenue increases as operating income surges. If gold prices trend higher through year-end, look for many miners to easily surpass revenue goals and create excellent returns for patient investors.

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Jim Rickards’ Project Prophesy

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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