Buy Gold Mining Shares Now
The safe haven of gold is attracting investors again. Political and economic times are not easy. With the hoped-for rate cut in the U.S. and ongoing concerns about the China-U.S. trade dispute, investors are once again looking more at gold.
And gold has some interesting facts, not only the fact that it is the only naturally yellow metal. Gold is not consumed like gas and coal - even if some people enjoy gilded food - and only about 12 percent of it is processed in industry. This applies to electronics, computers, medicine, dentistry and aerospace. So almost all the gold ever mined is still there.
Gold is also the metal that deforms best. More importantly, gold is a currency. It retains its purchasing power over the long term and can be converted into different currencies.
There are many ways to invest in gold. Either traditionally in gold jewellery, as widespread in India, or in bars and coins, in ETFs, gold futures or in gold mining stocks. The latter can have a leverage of three to one on the gold price. Gold has just passed the important mark of 1,300 US dollars per troy ounce. Now that investment demand appears to be picking up, a look at gold companies should not hurt. There are TerraX Minerals and Treasury Metals.
With its Yellowknife City gold project, TerraX Minerals - http://www.commodity-tv.net/c/search_adv/?v=299034 - owns one of the six high-grade gold areas in Canada, in the Northwest Territories, which also has the best infrastructure. High-quality drilling results are already available.
Treasury Metals - http://www.commodity-tv.net/c/search_adv/?v=299034 - is pursuing several gold projects, four in Ontario and one in British Columbia. In particular, the Goliath gold project and the Weebigee project (up to 81.59 grams of gold per tonne of rock) in Ontario have high grade gold mineralization.
Current corporate information and press releases from TerraX Minerals (www.resource-capital.ch/en/companies/terrax-minerals-inc/) and Treasury Metals (https://www.resource-capital.ch/en/companies/treasury-metals-inc/).
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