Gold influences daily life
Around 244,000 tons of gold have seen the light of day to date and most of it is still in existence.
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Gold is present in every smartphone, and also in computers and televisions. There are around 50 milligrams in each. This improves electrical conductivity. Therefore, gold is a good agent for aerospace and suitable for space applications. Electronic components provided with gold are more powerful and less susceptible to wear and temperature. In astronaut suits, gold ensures that radiation and heat are deflected and cannot penetrate.
Gold can also be used to tint glass or in cosmetics in anti-aging products. A modern jet engine contains platinum, palladium and silver in addition to gold. A famous telescope, the James Webb telescope, which took 17 years to build, is a reflecting telescope whose beryllium mirrors are coated with a layer of gold. This is extremely thin, about 100 nanometers thick, and yet it is important in increasing the reflective capabilities of the mirrors. In the medical sector, gold nanoparticles and their reflective and absorptive properties help in diagnoses and treatments. Nanoparticles of gold can penetrate cancer cells and, when heated with light, destroy tumors. Although gold is a rare commodity, it is becoming more accessible to investors. In the third quarter of 2022, gold demand was up 28 percent year over year, after all. Coin and bar sales are also up significantly. Only ETFs saw outflows. If a change sets in here, the gold price should also rise. Another option for investors would be to bet on gold companies such as Tudor Gold or Sierra Madre Gold and Silver.
Tudor Gold - https://www.youtube.com/watch?v=pRG-xDdJ_z0 - owns the prospective Treaty Creek Gold Project in British Columbia (currently showing very good drill results) as well as other precious and base metal projects.
Sierra Madre Gold and Silver is active in Mexico. High-grade projects of the company with historical resource estimates are located here.
Current corporate information and press releases from Sierra Madre Gold and Silver (https://www.resource-capital.ch/en/companies/sierra-madre-gold-and-silver-ltd/ ).
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