Investing in precious metals
Gold and silver are a must for a diversified portfolio. Investors around the world use gold as an asset store and central banks, especially in recent times, rely heavily on the precious metal. After all, gold is superior to paper currencies. Silver is not only popular with investors, but is also used in industry, medicine, the automotive industry, batteries and catalysts. If the political and economic times are turbulent, gold and silver are headed for as a safe haven.
Right now it might be worth investing in gold and silver companies, because the prices for precious metals are lower than in the past. In addition, the various trade conflicts currently ensure that gold should continue to be in good demand.
In the gold area Steppe Gold is in favour - http://www.commodity-tv.net/c/search_adv/?v=299041. Its ATO gold project in Eastern Mongolia is about to start production, scores with low total capital costs and is 100 percent wholly owned by the company. Cash costs are estimated at 333 US dollars per ounce of gold, and expansion opportunities still await near the mine.
Platinum and palladium are just as attractive as gold and silver. Both metals are also used for jewellery production and by investors for portfolio diversification. Their use in the automotive industry in the production of catalytic converters is probably best known. Rising demand and strikes in large mines have caused a deficit in recent years.
One could think of Sibanye-Stillwater when investing in precious metal companies. The company is a major primary producer of platinum and palladium with projects in South Africa and North America. The acquisition of Lonmin adds their properties to Sibanye-Stillwater's portfolio. In addition, Sibanye-Stillwater - http://www.commodity-tv.net/c/search_adv/?v=299128 - is one of the largest gold producers in South Africa.
Current corporate information and press releases from Steppe Gold (https://www.resource-capital.ch/en/companies/steppe-gold-ltd/) and Sibanye-Stillwater (https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the German version of these messages applies.
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