Shares of Barrick Gold Corp rose 2.76% to C$24.55 Wednesday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index rising 1.15% to 25,569.84.
Source – Market Watch
President Donald Trump is taking a step toward granting the U.S. mining industry’s biggest wishes by singling out one metal as a focus of his domestic minerals policy: copper.
From talk of acquiring Greenland and its vast mineral wealth to prodding Ukraine for minerals in exchange for help fending off Russia’s invasion, Trump has made the raw materials of modern life a pillar of his foreign policy.
“Copper is, I think, the metal that is really the most critical because it is the electricity metal,” said Debra Struhsacker, a mining industry policy consultant. “The electricity demand is, I think, going to stay. And copper is indispensable for that.”
“Made in America, America first, starts with American mining and American miners that supported this president across the country,” National Mining Association president and CEO Rich Nolan said.
Source – The Associated Press
Some finance experts in Simpsonville said they’ve seen a surge in people investing in gold. They said it follows fears over the economy slowing.
Co-owner of JEHM Wealth and Retirement Eric Lahaie told 7NEWS the value of gold has increased by more than 30 percent in the last six months. He emphasized that it is largely because of panic buying.
“The appreciation is all that you’re going to get out of it. It doesn’t produce a dividend. It doesn’t generate interest like a stock, or a bond will do. So, you don’t get that advantage. And then, as I said earlier, it kind of moves in big jumps, and then flattens out for a long time,” said Lahaie.
“If you buy it in a brokerage account, when you sell gold, your gains are taxed at your ordinary income up to 28 percent,” Lahaie also said. “Versus, if you sell stock, as long-term capital gain, you’re going to be taxed somewhere between 15 and 20 percent on the high end. So, that’s kind of a disadvantage for gold.”
Source – KOLR Springfield
The yellow metal’s February futures contract climbed $13.90, or 0.5%, to finish at $2,778.90 an ounce on Comex Friday.
“gold’s run to and past $3,000 is only held back by the strong U.S. dollar index,” said Peter Spina, president and founder of GoldSeek.com.
Source – Market Watch
The United States Mint plans to open sales at noon Eastern Time April 22 for its 10-coin 2025 Silver Proof Set, priced at $150 per set.
The coins, all struck at the San Francisco Mint, are secured within two plastic lenses.
Source – Coin World
I’ve been fascinated by investment strategies recently, and precious metals have always held a special place in my heart and financial toolkit. Gold and silver aren’t just shiny objects – they’re powerful financial instruments that can transform your investment approach when used strategically.
Imagine having a financial safety net that not only protects your wealth but potentially grows it during economic uncertainties. That’s exactly what a well-crafted gold and silver investment strategy can do. In this guide, I’ll go over some techniques to maximize your precious metal investments.
Precious metals are more than just alternative investments – they’re economic chameleons that adapt to global financial conditions. Gold and silver have been trusted stores of value for thousands of years, but their modern investment potential is more complex and exciting than ever.
Many people today are looking at more stability for their investments in case something happens in the digital world that will be hard to recover from. Precious metals is what people are looking for.
Historical performance tells a fascinating story. During economic downturns, these metals often shine brightest. For instance, during the 2008 financial crisis, gold prices surged by over 200%, while silver demonstrated remarkable resilience. This isn’t coincidence – it’s a testament to their intrinsic value and economic significance.
Key factors influencing metal prices include:
Successful investing is about balance, and precious metals are no exception. Think of your investment portfolio like a well-designed recipe – each ingredient plays a crucial role.
Optimal allocation typically ranges from 5-10% of your total investment portfolio. This sweet spot provides protection without overexposure. Here’s a breakdown of potential allocation strategies:
Diversification isn’t just about percentages – it’s about mixing investment vehicles:
Timing is everything in precious metal investments. It’s like surfing – you need to read the waves and position yourself perfectly.
Dollar-cost averaging emerges as a brilliant strategy. Instead of trying to time the market perfectly, you invest a fixed amount regularly. This approach smooths out market volatility and reduces the risk of making a single, poorly-timed large investment.
Pro tips for smart purchasing:
Not all precious metal investments are created equal. Each vehicle offers unique advantages and potential drawbacks.
Physical Bullion:
ETFs:
Mining Stocks:
Taxes can significantly impact your investment returns. Smart investors understand how to minimize tax liability while staying completely compliant.
Key strategies include:
No investment is without risk, but precious metals offer unique protection mechanisms. Think of them as financial insurance policies.
Critical risk management techniques:
The future of precious metals looks incredibly promising. Emerging technologies, particularly in green energy and electronics, are driving unprecedented demand for silver and gold.
Technological innovations like advanced solar panels and cutting-edge electronics rely heavily on these metals. This means your investment isn’t just a hedge – it’s potentially positioned for significant growth.
Maximizing gold and silver investments isn’t about getting rich overnight. It’s a strategic, patient approach to building financial resilience.
Your next steps? Start small, stay informed, and continuously educate yourself. The world of precious metal investing is complex but incredibly rewarding.
Ready to take control of your financial future? Begin your research, consult professionals, and remember – knowledge is your most valuable asset! It doesn’t hurt to ask questions in fact it’s a benefit.
