Best future prospects for gold and copper
The lower real interest rates are, the more attractive gold investments become. This is because gold does not yield interest. Gold shares, on the other hand, yield dividends, if not all of them. The fact that gold ensures long-term wealth preservation makes it a suitable form of investment when real interest rates are low. Also, when central banks buy gold on a massive scale, this drives the gold price up. In the event of conflicts, geopolitical upheavals, inflation fears and unforeseeable events such as pandemics, investors invest in gold as a safe haven. This in turn strengthens the price of the precious metal.
If you relate these generally valid statements about gold to the current situation, then the statements of many analysts who expect gold prices to rise are not surprising. Another commodity that is certainly at the top of many people's watch lists at the moment is the economic metal copper. Not only China and also the USA need large quantities of copper, for example for infrastructure projects and construction projects. Europe is also increasing its copper consumption as the renewable energy sector grows. Last year, Europe sold the most electric vehicles in the world, and these need significantly more copper than conventional vehicles. According to the experts, this trend will continue in the current year.
So, companies that have both gold and copper in their projects should be among the winners. Hence, a quick look at Torq Resources and Aztec Minerals.
Torq Resources - https://www.youtube.com/watch?v=XT9ZJxkYYH8 - has the Margarita copper-gold project in Chile in its portfolio, as well as an option to participate in the Andrea copper project in Chile.
Aztec Minerals owns the prospective Cervantes porphyry gold-copper project in Mexico and the Tombstone silver-lead-zinc-copper project in Arizona.
Current corporate information and press releases from Torq Resources (https://www.resource-capital.ch/en/companies/torq-resources-inc/).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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