This Commodity Cycle Real Does Seem Different

Economists like to tell the story about one of their counterparts who predicted 10 of the last five recessions which on a statistical basis is probably not too bad for this oft maligned profession.  Perhaps more than anything these statistical misses speak to the increasingly perilous art of predicting the future based on historical information […]

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The World of Gold Mining Might Well be Getting Smaller

The long held wisdom that “bigger is better” has taken a well-deserved beating since the credit crisis destroyed some of the world’s largest financial institutions in its wake. With large-scale project financing options limited or non-existent in today’s marketplace, many players in the global mining industry have been forced to review their growth strategies and […]

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