A poor jobs report out of the United States sparked a buying binge in hard assets and that helped the gold miners to move higher during Friday trading on the Canadian Markets.

If you missed out on Indonesia before… don’t fret, because if I’m right, a second bite of the cherry is about to come your way.

Every American who lived through the 1970s remembers that energy price controls lead to inefficient use patterns and large losses to industry. Unfortunately, the Chinese have not learned this American lesson despite large amounts of industrial espionnage within the U.S. over the past 20 years or so.

We have good news for Australia. Earnings are going up for some companies! Rising resource prices for tangibles like coal, iron ore, and gold should continue to generate earnings growth for Aussie exporters. It’s true that energy costs are rising for Aussie producers and the strong local dollar puts a dent in earnings.