Fake Inflation, Real Deflation: Gold $1230 and Oil Under $70 (GLD, SGOL, GDX, USO, OIL, OIH)

The Australian government’s proposed 40% super profits tax has caused a considerable uproar among mining companies operating in that country. BHP Billiton

has said it would use all its influence to defeat the tax. Rio Tinto plc

and Xstrata have also complained loudly about the proposal. Rio Tinto and BHP have also indicated [...]

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]