I can think back to 2009 for the first time I heard warnings about how the easy money policy of central bankers was going to light the fuse on inflation.
Yet here we are five years later and not only is inflation weak, there are very smart people (like Prem Watsa (Trades, Portfolio)) who think deflation is a much greater risk.
Either way, the resource sector has had stock prices that have been crushed. Long time successful resource sector investor Rick Rule believes that we have seen capitulation and that much better days are ahead.
