Investing
Navigate markets & grow wealth strategically
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Investing involves allocating money to assets like stocks, bonds, real estate, or mutual funds with the expectation of generating returns. It aims to grow wealth through capital appreciation or income generation. Key concepts include risk and return, diversification to spread risk, and the impact of time horizons on investment choices. Effective investing strategies may focus on growth, value, income, or index investing. Benefits include wealth accumulation, protection against inflation, and enhanced financial security. Careful planning and understanding of financial goals are essential for successful investing. 0 reply
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Robert Friedland: No Rational Price for Copper as "Essentially Infinite" Demand Meets Short Supply
"We see a crisis coming in physical markets, and we see a requirement for much, much higher copper prices,” Robert Friedland said at the Rule Symposium.
A copper crunch is coming as demand builds and the hunt for viable deposits comes up short.
That’s according to Robert Friedland, a well-known mining industry financier whose current roles include board leadership positions at Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and Ivanhoe Electric (TSX:IE,NYSEAMERICAN:IE).
"We see a crisis coming in physical markets, and we see a requirement for much, much higher copper prices," he said in a recorded interview played at the Rule Symposium, held from July 7 to 11 in Boca Raton, Florida. 0 reply
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Top Stories This Week: Gold Price Approaches US$2,400, GoviEx Uranium Loses Mining Permit
The gold price was on the move this week, approaching US$2,400 per ounce on Friday (July 5).
The yellow metal was reacting to soft June US jobs numbers, which have boosted expectations that the US Federal Reserve may cut interest rates when it meets in September. Data shows that non-farm payrolls increased by 206,000 new jobs in June, slightly above than the 190,000 expected by economists polled by Reuters.
The Department of Labor also made revisions to April and May jobs data — growth for April was revised down to 108,000 new jobs compared to 165,000 previously, while growth for May was brought down to 218,000 from 272,000. 0 reply
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