Insights from Tocqueville - Page 8 of 14
Reflections on the Past as Prologue

Reflections on the Past as Prologue

At the beginning of a New Year there is a tendency, particularly among Wall Street prognosticators, to review the recent past and extrapolate its trends into the near future. At this time twelve months ago  many were projecting a continuation of slow but steady growth...

Gold: A Case of Extremes

Intense liquidation of gold mining shares during the week of August 13, 2018 could, in our opinion, mark a trading bottom, if not the terminal point in the lengthy consolidation of the sector since the bottom of December 2015.  To support our view, we note: -Extreme...

Investing for the Long Term: A Word on Performance

We live in a short-term, short-attention-span world dominated by relentless news cycles. In few places is this more apparent than within financial circles, where these powerful trends have combined to increase the collective anxiety of the investor community....

Building Shareholder Value in the Gold Mining Sector

The gold mining sector appears to have turned over a new leaf. It is reshaping itself to generate higher returns on capital in a neutral gold price environment. Over the past nine months we have seen some notable value creating activity in the gold mining sector. The...