Total assets under management (AUMs) in gold-based exchange-traded funds (ETFs) hit record highs of $271 billion in 2024, according to the World Gold Council (WGC).
This represented a 26% year-on-year increase and was driven by a soaring bullion price.
The yellow metal hit new all-time highs on 40 occasions last year, the WGC noted. Over the whole year, gold appreciated 26% in value to around $2,629 per ounce.
Source – Forbes
Spot gold rose 0.5% to $2,663.79 per ounce, as of 9:55 a.m. ET (1455 GMT) and hit its highest since Dec. 13. U.S. gold futures gained 0.5% to $2,679.70.
Weaker private payrolls “is contributing to gold’s move, because ultimately, weaker employment numbers imply that the economy has been weaker than many had expected,” said Bart Melek, head of commodity strategies at TD Securities.
“The bigger factor will be U.S. nonfarm payrolls on Friday, the market is expecting a change of 163 (thousand); anything significantly above that will be negative for gold,” Melek said.
Source – Reuters
The coins are available in gold, silver and clad metals and can be purchased individually or as a set. The $5 gold coin depicts the Marine Corps Color Guard; the $1 silver coin shows the flag raising at Iwo Jima; and the half-dollar clad coin features two Marines, one wearing the continental uniform of 1775 with a musket, and the other in modern-day camouflage uniform holding an M4 service rifle.
Source – Stars and Stripes
Copper rallied more than 1% in London after the Washington Post reported that US President-elect Donald Trump’s aides are exploring tariff plans that would be applied to every country but only cover imports of key goods.
Source – Bloomberg
This is an update on the 5 year project possibly longer.
Shares of Vizsla Silver shot up by 12.0% during the morning session, trading at a near 52-week high of $2.76 apiece.
“This update reflects the excellent mineralized continuity that exists at Copala. Reducing the space between drill holes at Copala to 25 metres has resulted in a significantly higher-grade profile in the upper levels of the resource and PEA mine plan,” Vizsla CEO Michael Konnert said in a statement.
Source – Mining.com
News on this topic from October 2020.
Vizsla President and CEO, Michael Konnert, commented: “Recent drilling continues to grow the Napoleon discovery area where the best new intercepts are from the deepest holes completed. Mineralization has been extended to the south over 50m and is completely open at depth. The broad intercepts in NP-20-25 and NP-20-27 as well as the internal high-grade veins increase the possibility of both open pit and underground mining scenarios. The Company’s aggressive exploration program is targeting three vein corridors in the district and it is exciting to see the benefit of systematic drilling around our multiple discoveries, particularly the addition of significantly more mineralization at Napoleon.”
Source – Junior Mining Network
Moonlight – Superior project in California
The study envisions a mine life of 14 years, producing 903,000 tonnes of copper, plus 12 million oz. of silver and 63,000 oz. of gold. A majority of the production will come from mining the sulfide mineralization at Moonlight-Superior.
US Copper CEO Stephen Dunn said the PEA, which a culmination of several years of planning, drilling, metallurgical testing and engineering studies, confirms “substantial economic opportunity” at current copper prices that can be realized through the development of a series of open pit mines on the property.
PEA – preliminary economic assessment
NPV – Net Present Value
Source – Mining.com
Spot gold fell 0.2% to $2,634.52 per ounce by 2:27 a.m. ET (1927 GMT). U.S. gold futures settled 0.3% lower at $2,647.40.
“Bond yields are back up again, placing pressure on gold,” said Nitesh Shah, commodity strategist at WisdomTree.
“There’s speculation that Trump is going to pull back on tariffs … If (the prices of) commodities go up, inflation’s going to remain higher for longer,” Phillip Streible, chief market strategist at Blue Line Futures, said.
Source – Reuters
“GIANT MARKET CRASH here. Q: How can I be so bullish on gold, silver, and Bitcoin? A: Because the idiots running the Fed, Treasury, Banks, and Wall Street only know how to print money, which makes things worse. FYI: When fake money is printed the rich, who own real assets get richer…. while the poor and middle class, who save fake money, get poorer due to inflation and taxes. Let inflation make you richer, not poorer. Save gold, silver, and Bitcoin. Take care. Crash is here,” Kiyosaki wrote
Source – Benzinga
Robert Kiyosaki is an American businessman and author of ‘Rich Dad, Poor Dad’ and other personal finance books.
“The white metal may get squeezed, as recovering Asian demand absorbs recent inventory builds in the aftermath of the Chinese slowdown and the base metal concentrate processing capacity increases,”
“We project the metal to average $36/oz in the final months of next year, making it a commodity outperformer as the XAU/XAG ratio challenges yearly lows.”
“With its low correlation to traditional assets such as equities and bonds, silver offers powerful diversification benefits,” Silver Institute said. “Historically, silver has proven its value during times of economic and geopolitical crises, serving as a reliable hedge against inflation, currency devaluation, and systemic financial instability. In the context of the modern global landscape, this role has become even more pronounced.”
Silver has long been a fascinating investment vehicle for retirement planning, offering a unique blend of tangible assets and potential financial security. As I am continuing to learn that precious metals are a great investment, silver investments have historically provided a hedge against economic uncertainties.
Let’s explore three primary options that can help you diversify your retirement portfolio and potentially protect your hard-earned savings.
Let me be real – when I first started exploring retirement investments, silver coins were the only thing on my radar. But after doing research alternative investment strategies, I’ve learned that other silver options can be a game-changer for savvy investors.
Silver has proven to be more than just a shiny metal. It’s a strategic asset that can help balance your investment portfolio. Here’s why:
My first silver investment was a bit nerve-wracking. I remember wondering if I was making a smart move or just throwing money at a random commodity. Turns out, understanding the market dynamics is crucial.
Key factors influencing silver’s investment value include:
Ah, silver coins – where investment meets collectibility! I’ll never forget when I saw a collection of rare silver coins, each piece telling a unique story while potentially increasing in value. I grew very invested in the idea of collecting silver for myself to later put aside for retirement. It was and is a slow process for me but here are some things I’ve learned since I’ve been collecting.
Types of silver coins for investment include:
Pros of silver coin investments:
Cons and potential challenges:
Pro tip: Always purchase from reputable dealers and get proper certification for valuable numismatic coins. If you’re going to a coin show or collectable show make sure you know what you’re looking at before purchasing.
Nothing beats the simplicity of silver bullion. It’s like owning a chunk of pure potential, sitting right in your safe or investment portfolio.
Different forms of silver bullion include:
Advantages of physical silver bullion:
Storage challenges to consider:
Cost-effectiveness varies. While bullion typically has lower premiums than collector coins, you’ll need to factor in storage and security expenses.
Silver stocks represent an alternative investment strategy that allows investors to gain exposure to the silver market without physically owning the metal. Think of these as a paper representation of silver’s potential value, offering a more flexible and potentially less complicated investment approach.
Types of Silver Stocks:
Key Characteristics:
Examples of Notable Silver Mining Companies:
Unique Advantages:
Types of Silver ETFs:
Investment Dynamics:
Pros of Silver Stock Investments:
Cons and Risks:
Performance Factors:
Investment Strategy Considerations:
Tax Implications:
Recommended Allocation:
Silver stocks aren’t just about the metal—they’re about the companies’ ability to extract, manage, and profit from silver resources. It’s like investing in the potential of a garden, not just the seeds.
Practical Advice for Investors:
Emerging Trends:
Silver stocks offer a dynamic, flexible approach to silver investment. They provide exposure to the silver market with lower barriers to entry compared to physical silver, but they come with their own set of complexities and risks.
Let’s break down the key differences:
Silver Coins:
Silver Bullion:
Silver Stocks:
Silver investments offer a compelling avenue for retirement diversification, each option presenting unique advantages and challenges. By understanding the nuanced differences between silver coins, bullion, and stocks, you can make informed decisions that align with your financial goals and risk tolerance.
Remember, successful silver investing isn’t about going all-in, but about strategic allocation. Consult with a financial advisor, do your research, and consider your personal retirement objectives.
Your retirement portfolio is like a garden – diversification is key. Silver can be that interesting, potentially valuable plant that adds something special to your financial landscape.
Disclaimer: Always conduct thorough research and consider consulting a financial professional before making investment decisions.
