The Tide Is Turning In Favor Of Gold Stocks

Many mainstream fund managers refuse to consider buying gold miners because of the poor track record of value creation at these companies. But thanks to efficiency improvements at Barrick and a few other miners, the tide is slowly turning. A commitment to shareholder value is a welcome development, because phenomenal returns can be generated when, after years of undisciplined operations, industries like gold mining adopt a shareholder value focus.

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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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