The mining tax that Australia is introducing is negative for the companies that produce resources but its positive for the commodities because it will contain the supply.
in Bloomberg
Related stocks: Freeport-McMoRan Copper & Gold Inc. (Public, NYSE:FCX), Rio Tinto plc (ADR) (Public, NYSE:RTP), BHP Billiton plc (ADR) (Public, NYSE:BBL)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.
