Top commodities: gold, cobalt, uranium
Those who were in gold about a year ago can look forward to an approximately 25 percent higher gold price. Many, such as Saxo Bank, believe that the end of the road has not yet been reached in terms of price. Saxo Bank expects a gold price of at least 2,200 U.S. dollars. The reason for this is a weakening
U.S. dollar, the cause of which is the rising national debt.
Another raw material, uranium, is also forecast to have a bright future. This is because, thanks to many new nuclear reactors, demand for uranium is rising. And in recent years, a low uranium price has often prevented exploration and investment efforts. And a scarce raw material is always a raw material that becomes more expensive. As a result, uranium companies are also becoming more valuable and moving into the focus of investors.
The fight against emissions is not only served by green energy, such as from nuclear reactors, but also by the increasing number of electric vehicles worldwide. In Germany, for example, one in ten newly registered vehicles in November 2020 had an all-electric drive. Compared to the same month last year, this was an increase of 523 percent(!). Raw materials such as cobalt are essential in this area.
One company, Mawson Resources - https://www.youtube.com/watch?v=h8Qu1EGWgIE, owns a gold, cobalt property in northern Finland (Rajapalot). Four diamond drill rigs are now scheduled to drill 20,000 meters of diamond drilling. There are other projects by Mawson Resources in Australia.
Gold and uranium in projects, not a bad mix either, exists at International Consolidated Uranium - https://www.youtube.com/watch?v=Ib5kfm-19Mk. Originally focused on gold projects, the company has begun acquiring uranium projects.
Current corporate information and press releases from Mawson Resources (https://www.resource-capital.ch/en/companies/mawson-gold-ltd/).
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