“I would NEVER invest in a mining company—they destroy land, pollute our water and air, and wreck the habitat of plants and animals.”

Was this all just a big boiler room operation by the boyz in Vancouver? The tout in the TSX-V got pretty loud for a while there.

The ratio of Canada’s Wild Wild West of the resources speculation world (CDNX) to a normal stock index (TSX) indicates that risk has obviously come back on in the resources sector.

Now that it appears clear the bottom is in for gold, it’s time to stop fretting about how low prices will drop and how long the correction will last—and start looking at how high they’ll go and when they’ll get there.

When we last wrote about Canada and the worrisome expansion of its household debt stock and real estate bubble, we noted that there was a lot of misguided optimism regarding the durability of these trends – mainly as a result of their durability up to this point.