Money & Markets
Gold and Mining Stocks Will Rebound—But When?
December 2018 by Chris Ralph
There is no question the economy will not always be as good as it is now. There is also no doubt that someday the lack of exploration and the ore in existing mines running out will come home to roost.
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What gives this illustration great importance is America may be facing the same kind of dilemmas that have brought Japan’s market such long-term grief.
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It is hard to imagine any month during the thirty years I have been writing this column which had more bombshell headlines than the past thirty days.
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It may be no exaggeration at all to state that the past thirty days have seen a collection of headlines that could affect the world profoundly for years to come.
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Much of the past 12 months, both in America and around the world, has been devoted to discussions of Keynesianism versus the Austrian School of economics; of the value versus risks of “Quantitative Easing,” of free markets versus government-dominated markets; and of the right of government to accede to unlimited demands on her resources, no matter the cost.
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