Forget The Correction: Here Are The Best And Worst Gold Bets For 2012

Despite suffering a massive December correction, the underlying fundamentals for gold point to another strong year in 2012.  Extraordinarily loose monetary policy in so-called advanced economies, the beginning of anti-cyclical easing and stimulus cycles in emerging economies, and rising central bank demand for the physical metal, particularly from China, should push gold prices higher in 2012, setting the stage for some gold equities to shine.There is no doubt that gold has been a market protagonist...

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The year when the Chinese economy will truly eclipse America’s is in sight

IN THE spring of 2011 the Pew Global Attitudes Survey asked thousands of people worldwide which country they thought was the leading economic power. Half of the Chinese polled reckoned that America remains number one, twice as many as said “China”. Americans are no longer sure: 43% of US respondents answered “China”; only 38% thought America was still the top dog. The answer depends on which measure you pick. An analysis of 21 different indicators chosen by The Economist (see the full...

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