It seems we’ve finally hit an everything market. At least if you’re a mining investor. Gold tore through the $4,000 an ounce mark, while silver blew through $50 an ounce, taking precious metals equities with them.
Copper has been on the rise amid production issues at major mines around the globe – from Ivanhoe in Africa, to Freeport in Indonesia, and Codelco in Chile – resulting in those equities rising.
And now esoteric metals – i.e. antimony, gallium, rare earths, phosphate and so on – are on the rise amid threats from China to these supply chains, driving those equities higher as the West looks to secure their own stockpiles.
It’s a good time to be a metals investor. But it’s also a tough time, as we’re all seemingly trying to find the next mover and shaker before the rise gets underway. Because we all want to maximize our returns. The only problem is that the list of hidden gems is seemingly getting smaller as the days go by. But they can still be out there.
Information for this story was found via the sources and companies mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
