Despite the bull run, gold stocks鈥攖hose companies that mine, process and sell the metal鈥攁re trading at historically low valuations relative to the market.
The metal is poised not just as a material of historical significance but as a pivotal element in driving forward the next phase of economic and technological progress.
In a recent report, Metals Focus ranked the top most valuable gold development projects, using its proprietary five-year gold and silver price forecasts for NPV calculations.
Any way you slice it, 2022 was a turbulent year, from Russia鈥檚 invasion of Ukraine to historic inflation and jumbo rate hikes to multiple failures in the digital asset space.
Gold is ideal for older investors who seek a tried-and-true defensive position, while Bitcoin is ideal for someone who has a longer retirement horizon and who wants a more aggressive asset.
This week, Biden set a goal for 50% of all vehicles sold in the U.S. to be 鈥渂attery electric, plug-in hybrid electric or fuel cell electric鈥 by the end of the decade.
