Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Maple Gold Mines Ltd V.MGM

Alternate Symbol(s):  MGMLF

Maple Gold Mines Ltd. is a Canada-based advanced exploration company. The Company is primarily involved in the exploration of mineral resources in Canada. Its projects include Joutel Gold Project, Douay Gold Project, Eagle Mine Project, and Morris Project. The Joutel Gold Project is 100% owned by the 50/50 joint venture between Maple Gold and Agnico Eagle Mines Limited (Agnico). The 39 square kilometers Joutel Project is located approximately 70 kilometers (km) southwest of Matagami and 125 km north of Amos. The Douay Gold Project is located in Quebec, Canada, approximately 2.5-hour drive north of Val d'Or 1.25 hours north of Amos via Highway 109. The Eagle Mine Project is a 77-hectare property located several kilometers west of the former mining town of Joutel in mining-friendly Quebec, Canada. The Morris is located approximately 30 km east-northeast of the town of Matagami and approximately 110 km north-east from the Douay camp.


TSXV:MGM - Post by User

Post by Hedberg77on Oct 14, 2021 9:19pm
206 Views
Post# 34007655

Why should gold investors care about the supply shortages?

Why should gold investors care about the supply shortages?The answer to this question is threefold:
  1. Gold and to a lesser extent silver are safe-haven assets. As these crises become more extreme investors turn to gold, which leads to the second point.
  2. Gold and silver serve as portfolio diversifiers. Most importantly, as supply chain issues wreak havoc on equity markets gold and silver hold their value and provide stability in the portfolio.
  3. Gold and silver provide an inflation hedge for the rising prices that will ensue as the supply chain crunch continues. Certainly as discussed above the large retailers are finding solutions to the shipping problem by chartering. However, at a higher cost which will be passed on to the consumer.
(source:  https://www.zerohedge.com/news/2021-10-14/supply-chain-crisis-effects-gold-silver)
<< Previous
Bullboard Posts
Next >>