Commodity Trade Mantra

Posts Tagged ‘Barrick Gold Corp’

4 Reasons I Prefer Investing in Silver to Gold

My personal preference is to invest in silver and not gold. Not only does it share similar characteristics to gold, including acting as an inflationary hedge, being a well of value in uncertain times and a safe-haven asset, it possesses four unique characteristics which could propel its price skyward.

Gold Prices Below $1,200 Could Mean Production Cutbacks - WGC

If gold dips below $1,200 per ounce (average industry cost of production) for a “sustained” period, serious production cutbacks are likely, World Gold Council representatives warned. Not that prices can’t fall below cost of production – It’s just that there’s a significant sensitivity to the price there.

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