Credit Suisse notes help adviser bet big on gold miners

Commodities poised for rebound as easy money contines to flow

photo of dan scharlach from innovative wealth partners
Dan Scharlach, Innovative Wealth Partners

The price of gold took a nosedive last year, but it was nothing compared to what companies that mine the precious metal suffered. Newmont Mining Corporation, one of the largest, saw its stock price decline 51%. Dan Scharlach of Innovative Wealth Partners (IWP), who closely watches commodity markets, says mining companies have been pummelled enough. "They've been beaten up in the media for no real reason," he says. "They're extremely undervalued." Recently, the Indiana-based financial adviser has

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