While the prices for gold and silver are lower today, precious metals are once again squarely on the radar of increasing numbers of investors. Value investors will see two sectors hovering near multi-year lows. With falling mine production and/or falling inventories, both the price of gold and silver is well below the minimum necessary to sustain these sectors.
Other investors will be attracted to the eternal security represented by precious metals, true “safe havens” – in stark contrast to paper assets such as
the U.S. dollar. With market volatility having returned with a vengeance and major U.S. markets appearing wildly overvalued, gold and silver are once again shining.
The
2018 New Orleans Investment Conference was the latest opportunity for investors to get up-to-speed with precious metals in a hurry. It’s also an opportunity to stay abreast with other hot sectors (and companies) in the world of mining.
Running from November 1
st – 4
th, this year’s event is now over. But for Stockhouse investors who were unable to attend, we’ve packaged some highlights from the Conference – in the form of CEO clips with some of the Companies who were in attendance, plus one of the guest speakers.
American Manganse Inc (
TSX: V.AMY,
OTCQB: AMYZF,
Forum)
click
here
Bluestone Resources Inc. (
TSX: V.BSR,
OTCQB: BBSRF,
Forum)
click
here
Excellon Resources Inc (
TSX: EXN,
OTCQB: EXLLF,
Forum)
click
here
Fireweed Zinc Ltd. (
TSX: V.FWZ,
OTCQB: FWEDF,
Forum)
click
here
Nordic Gold Corp. (
TSX: V.NOR,
OTCQB: FIEIF,
Forum)
click
here
Skeena Resources Ltd. (
TSX: V.SKE,
OTCQB: SKREF,
Forum)
click
here
Mickey Fulp (
The Mercenary Geologist)
click
here
Precious metals conferences are a feature in a number of venues every year. Veteran financial managers still generally adhere to the rule that investors should maintain (at least) a 10% component of their portfolio in precious metals.
Many investors forget about this fundamental rule of investing…until markets start looking increasingly uncertain. Meanwhile, many other resource sectors (and resource companies) are also at extremely attractive valuations. For investors looking at the inflated valuations of many large-cap stocks (especially in the U.S.), these companies represent a different kind of “security”:
value.
FULL DISCLOSURE: American Manganese Inc. is a paid client of Stockhouse Publishing.