Precious metals abound with attractiveness
Gold and silver investments are considered extremely attractive in the medium to long term. Bonds are currently no alternative. A certain state of emergency is spreading. The banks no longer charge interest. On the contrary, fees are threatening to cut back on savings.
Pro Aurum, for example, reports a tripling of order transactions. As a result, leading ingot producers can no longer necessarily deliver promptly. Also, with the coins, like Pro Aurum reports, it becomes more and more difficult to get the desired quickly. For example, the Krugerrand coin will be sold out in 2019. A similar situation can be observed with the silver coins. For example, customers sometimes have to deal with alternative coins or wait when the desired item is not available.
The investor might consider investing in the shares of gold or silver companies instead of physical precious metals. Then the investor does not have to worry about the storage in bank safes or precious metal deposits. And it attracts a leverage on the gold price when investing in stocks.
The attractive precious metal companies include Osisko Gold Royalties and Cardinal Resources. Osisko Gold Royalties is so interesting because you get diversification at the same time - https://www.commodity-tv.com/play/newsflash-99-with-millennial-lithium-aurania-resources-osisko-gold-royalties-auryn-resources-und-caledonia-mining/. With more than 135 precious metal purchases, license fees and shareholdings, the company is ideally positioned.
Cardinal Resources - https://www.commodity-tv.com/play/cardinal-resources-strong-feasibility-study-released-next-step-project-financing/ - is expected to commence gold production at its Namdini project in Ghana in 2022. The production costs are pleasingly low according to the feasibility study.
Current company information and press releases from Osisko Gold Royalties (https://www.resource-capital.ch/en/companies/discovery-metals-corp/).
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