Few Commodities Offer the Security and Allure of Gold

Source: The Independent - UK (11/29/08)

"Investors have been in pure panic, they think the world is ending," Nicholas Brooks, head of strategy at ETF Securities, told Reuters this week. "When people get into that sort of mentality, one of the first places they go to is gold."

...Gold is surprisingly accessible for the average private investor. Most of us know that the stock market is open for investment to anyone who has the means and the will to buy shares, but few people imagine that gold could be a viable investment choice for the person on the street.

Historically, relatively few of us have chosen to put our money into gold, perhaps because the price has been very poor for a very long time. Unlike throwing your money into emerging markets, or even the buy-to-let housing market, it appeared there was no fast buck to be made through the precious metal. However, the banking crisis has set the price of gold fluctuating to a much greater degree, creating a greater potential for growth and, on the flip side, risk.

As with any other investment, gold can go down as well as up in value; having peaked at $1,030.80 an ounce in March, it is now trading close to the $820 mark. However, while even the biggest banks can go bust, not even ambitious City traders can destroy gold.

"Investors have been in pure panic, they think the world is ending," Nicholas Brooks, head of strategy at ETF Securities, told Reuters this week. "When people get into that sort of mentality, one of the first places they go to is gold."

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."