We were recently interviewed by CBS Marketwatch on the Glencore (GLNCY.PK) - Xstrata (XSRAY.PK) Deal:
"An increase in mergers and acquisitions and one of this record size is monumental for the commodity sector.” Jeb Handwerger, GoldStockTrades.com.
“We expect the producers or developers of natural resource assets to have more access to capital,” he said. “This is just the beginning and a huge step. We may see an increase in bidding wars and large miners looking for growth through M&A activity in the natural resources sector.”
So “get ready for a lot of developments in industrial and precious metal mining in 2012,” Handwerger said.
Read the full article on CBS Marketwatch…
We are witnessing a pause after a major rebound in prices due to the Greek debt negotiation. Look to undervalued critical metals, uranium and gold/silver explorers. The winds are changing direction in favor of GST’s sectors as major financial institutions are hungry for natural resource assets.
Wealth in the earth sectors as reflected in our selections have become the places to be in 2012. Uraniums, Gold, Silver and Rare Earths are coming into their own as places to invest. Depreciating dollars are burning holes in the pockets of the big boys. Capital is flowing back into the mining sector after retreating to the sidelines in 2011. The handwriting is on the wall. The accommodative Global Central Banks since September are strategically and increasingly printing Euros, Dollars, and Yen in order to inflate their way out of their debt situations. Mining stocks are once again being seen by the big boys as the place to be.