Connect with us

Articles

Who Made The Gains? Here are September’s top 50 miners and explorers

Those stocks exposed to the mushrooming clean energy thematic likely did very well in September 2021, but there were two … Read More
The post Who Made…

Share this article:

Published

on

This article was originally published by Stockhead

Those stocks exposed to the mushrooming clean energy thematic likely did very well in September 2021, but there were two massive standouts: lithium and uranium.

It was a wild month for Chinese lithium carbonate prices, which surged to another historical high as supply struggled to keep up with surging demand.

Raw material prices are also running hot, with WA producer Pilbara Minerals (ASX:PLS) selling an 8,000t SC5.5 spodumene cargo for an extraordinary $US2,240/t via its Battery Material Exchange (BMX) digital auction platform on September 14.

This time last year producers were lucky to get $US400/t.

Uranium was the other big story. The spot price punched through $50/lb for first time in nine years, sparked by the Sprott Physical Uranium Trust (SPUT), which started buying up physical uranium and taking it out of market circulation in August.

Unsurprisingly, investor sentiment went through the roof.

Elsewhere, prices for coal – both thermal and metallurgical – are going gangbusters, and tin is at all-time highs.

Volatile nickel touched the magic $US20,000/t mark on September 10, before plummeting to $US18,175/t by the end of the month.

Gold trod water, again, but the inevitable breakout is coming soon, some say.

Iron ore is officially in the crapper, hitting ~$US90/t for benchmark 62%Fe – a huge +60% drop from record high seen in May — before staging a small recovery.

The last time iron ore prices fell by this magnitude over such a short space of time was during the 2008 global financial crisis, Fastmarkets says, when the index dropped by 68% over three months.

 

What were our winners looking for?

Here are the top 50 ASX resources stocks for the month of September >>>

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop

CODE COMPANY LAST SHARE PRICE MONTHLY RETURN % MARKET CAP MARKET CAP
VIA Viagold Rare Earths 0.48 1043 $ 38,323,705.84 Rare Earths
HNR Hannans 0.034 386 $ 80,239,224.53 Nickel, Battery Recycling
AEE Aura Energy 0.21 385 $ 83,822,892.72 Uranium
RDT Red Dirt Metals 0.6 253 $ 91,996,240.00 Lithium, Gold
EFE Eastern Iron 0.038 217 $ 36,772,278.35 Lithium, Iron Ore
PAM Pan Asia Metals 0.46 207 $ 33,882,976.24 Lithium, Tungsten
92E 92Energy 0.765 206 $ 26,588,250.68 Uranium
MTC Metalstech 0.655 167 $ 93,258,894.35 Gold, Lithium
MHK Metalhawk 0.58 158 $ 23,858,012.50 Nickel, Gold
A8G Australasian Gold 0.43 153 $ 14,454,424.63 Gold, Lithium
MRD Mount Ridley Mines 0.007 133 $ 35,105,865.00 Rare Earths, Iron Ore
KWR Kingwest Resources 0.14 115 $ 27,076,034.83 Gold
KCN Kingsgate Consolidated 1.58 115 $ 370,711,758.78 Gold
NXM Nexus Minerals 0.32 113 $ 79,349,293.08 Gold, Copper
AGE Alligator Energy 0.068 113 $ 195,592,518.94 Uranium
CAE Cannindah Resources 0.135 111 $ 75,237,887.25 Gold, Copper, Silver
VAL Valor Resources 0.016 100 $ 47,971,969.36 Uranium, Rare Earths, Silver, Lead, Copper
DLC Delecta 0.012 100 $ 11,480,337.05 Uranium, Vanadium, Gold
EME Energy Metals 0.38 100 $ 77,582,825.44 Uranium
TOE Toro Energy 0.029 93 $ 116,920,265.40 Uranium
GBR Great Boulder Resources 0.155 82 $ 53,585,371.35 Gold, Copper, Nickel, Cobalt
GMD Genesis Minerals 0.135 80 $ 287,656,358.40 Gold
BMN Bannerman Energy 0.25 79 $ 337,348,977.84 Uranium
PDI Predictive Discovery 0.24 78 $ 236,514,311.78 Gold
IBG Ironbark Zinc 0.039 77 $ 48,111,667.76 Zinc, Lead
EL8 Elevate Uranium 0.535 70 $ 127,805,241.76 Uranium
VMY Vimy Resources 0.195 70 $ 205,042,238.51 Uranium
LTR Liontown Resources 1.44 69 $ 2,742,540,978.17 Lithium, Nickel, Copper, PGE, Gold
QXR Qx Resources 0.018 64 $ 8,662,710.17 Lithium, Gold
LMG Latrobe Magnesium 0.029 61 $ 35,473,605.78 Magnesium
ACB A-Cap Energy 0.077 61 $ 72,366,443.88 Uranium
MRL Mayur Resources 0.255 59 $ 47,733,393.78 Cement, Lime, Gold, Copper
AVZ AVZ Minerals 0.335 56 $ 1,126,360,438.00 Lithium
RMI Resource Mining Corp 0.028 56 $ 9,125,034.30 Nickel, Cobalt
ARU Arafura Resources 0.225 55 $ 379,737,096.34 Rare Earths
PNN PepinNini Minerals 0.425 55 $ 19,834,913.37 Lithium, Copper, Gold
STK Strickland Metals 0.057 54 $ 62,136,441.23 Gold
BMG BMG Resources 0.075 53 $ 25,279,340.98 Gold
KP2 Kore Potash 0.026 53 $ 15,270,189.74 Potash
QPM Queensland Pacific 0.27 50 $ 372,793,611.03 Nickel, Cobalt
CVS Cervantes Corp 0.009 50 $ 13,986,112.18 Gold
SBR Sabre Resources 0.006 50 $ 8,415,318.25 Gold, Nickel
REZ Resources & Energy Group 0.046 48 $ 18,130,593.14 Gold, Nickel
SMI Santana Minerals 0.155 48 $ 18,245,221.76 Gold
ELT Elementos Limited 0.025 47 $ 89,096,766.90 Tin
GTR Gti Resources 0.027 46 $ 23,128,777.22 Uranium, Vanadium, Gold
TIG Tigers Realm Coal 0.016 45 $ 235,200,642.62 Coal
SCI Silver City Minerals 0.042 45 $ 38,101,518.13 Copper. Gold, Cobalt, Rare Earths
BRL Bathurst Resources 0.875 43 $ 152,146,944.47 Coal
MRZ Mont Royal Resources 0.4 43 $ 15,718,836.73 Copper, Gold

 

Uranium wakes up

Uranium stocks – from near term miner to newly minted explorers – were standouts last month.

There were 12 stocks in the top 50, led by long-suspended Aura Energy (ASX:AEE) (+385%), which re-joined the bourse with a bang late in the month.

Aura’s focus is the advanced ‘Tiris’ project in Mauritania, which the company calls “one of the most compelling uranium development projects in the world today”.

Hot on its heels were popular explorers 92 Energy (ASX:92E) (+206%), Alligator Energy (ASX:AGE) (+113%) and new kid on the block, Delecta (ASX:DLC) (+100%).

Delecta chose a good time to resume exploration at the early-stage Rex uranium project in Colorado.

92E just chose the perfect time to make a uranium discovery.

On September 20 the company announced that a drill hole hit an “extraordinary” 5.5m of 0.12% U3O8 at the ‘Gemini Mineralised Zone’ (GMZ), part of the Gemini project in the Athabasca Basin, Saskatchewan.

Gemini is 27km away from McArthur River, one of the largest and highest-grade uranium deposits in the world.

“To identify 5.5m of 0.12% U3O8 on the fourth drill hole of our inaugural drilling program is an extraordinary result for 92 Energy,” 92E managing director Siobhan Lancaster says.

“Importantly, the assays from this drill hole display similarities to other early holes at major Athabasca Basin uranium discoveries, in terms of grade, width, alteration types and intensity, and we look forward to the follow up drilling to determine the extent of the mineralisation.”

 

Lithium recharged

The amount of lithium required by the battery sector over the next decade is truly formidable.

 

Which is why explorers are jumping on lithium exposure where they can, with positive results.

Red Dirt Metals (ASX:RDT) (+253%) soared after uncovering lithium potential at the newly acquired 141,000oz ‘Mt Ida’ gold project in WA.

Former iron ore minnow Eastern Iron (ASX:EFE) (+217%) pivoted to lithium, with Chinese lithium giant Yahua partnering with the explorer to find and develop Aussie lithium projects.

Pan Asia Metals (ASX:PAM) (+207%) announced the acquisition of a geothermal lithium project in (very) late August.

And newly listed Australasian Gold (ASX:A8G) (+153%) kicked off exploration activities at the ‘Mt Peake’ lithium project in the North Territory – right next door to developer Core Lithium’s (ASX:CXO) ‘Anningie’ and ‘Barrow Creek’ projects.

$700m market cap Core – also a big gainer last month — is expected to be Australia’s next lithium producer.

 

A golden renaissance?

Gold stocks did remarkably well in September, considering the price fell ~4% to $US1,742/oz.

It’s clear punters still respond positively to good news stories, regardless of the macro story.

Good news stories like MetalsTech (ASX:MTC) (+167%), which keeps hitting thick, bonanza grade gold at the 1.5Moz ‘Sturec’ project in Slovakia.

It probably doesn’t hurt that MTC spin out, Winsome Resources (expected code: WR1), will have a bunch of advanced exploration stage lithium assets in the James Bay region of Quebec, Canada.

Kingwest Resources (ASX:KWR) (+115%) made a gold discovery under a WA salt lake called ‘Goongarrie’.

Nexus Minerals (ASX:NXM) (+113%) keeps hitting high-grade gold at the emerging ‘Wallbrook’ gold project in WA.

And there’s light at the end of the tunnel for former high-flying gold producer Kingsgate Consolidated (ASX:KCN) (+115%), with a settlement in sight to restart the flagship ‘Chatree’ gold mine in Thailand.

 

The post Who Made The Gains? Here are September’s top 50 miners and explorers appeared first on Stockhead.













Author: Reuben Adams

Share this article:

Precious Metals

Last Week’s Bitcoin Buzz

A lot is happening in the cryptocurrency market these days and what follows is a recap of some of the major developments this past week.
The post Last…

Share this article:

A lot is happening in the cryptocurrency market these days and what follows is a recap of some of the major developments this past week.

By Lorimer Wilson, Managing Editor of munKNEE.com

1. Paul Tudor Jones’s Views About Cryptocurrencies As An Inflation Hedge 

Billionaire investor Paul Tudor Jones, in an interview with CNBC’s “Squawk Box”, claimed that surging inflation is now “the single biggest threat to certain financial markets and probably…to society in general” adding that October’s 5.4% YOY CPI number, which matched readings from June and July, was perhaps the most glaring warning yet and warned that it’s likely only going to get worse. He believes that cryptocurrencies are a hedge against central bank money printing and that …crypto…is winning the race against gold at the moment [and]…would be a good inflation hedge.” While Jones prefers direct ownership, he thinks the new Bitcoin ETF will be “fine” and the SEC’s blessing is reassuring.

2, Latest Fear & Greed Index for Bitcoin & Other Large Cryptocurrencies Shows Extreme Greed 

According to Alternative.me’s multi-factorial crypto market sentiment analysis, which gathers data daily from five sources on a simple meter from 0 to 100 to visualize a meaningful progress in sentiment change of the crypto market. Zero means “Extreme Fear”, while 100 means “Extreme Greed”. When Investors are getting too greedy it means the market is due for a correction and the current Index reading is 75, down from 82 yesterday. See here for the latest reading.

3. 50 Experts Say Bitcoin Will Reach Over $5M By 2030 – Yes, $5M!

50 industry experts were asked in late September to early October by finder.com for their thoughts on how Bitcoin will perform over the next decade and their average view (see here) was that Bitcoin will be worth US$71,415 by the end of 2021, before rising to US$249,578 by 2025 and reaching US$5,237,082 by 2030.

4. Bitcoin Is Going To $500,000! Here’s Why

According to Luke Lango’s Hypergrowth Investing article this week (see here), gold is typically bought as a store of value to protect against inflation, but this year, instead of buying gold, they’re buying Bitcoin. Lango maintains that since the gold market is an $11 trillion market were Bitcoin to get that big, you’re talking an $11 trillion market on 21 million tokens, which implies a price per token of about $500,000.

5. New ProShares Bitcoin Strategy ETF Launched This Week

According to a private investor from the Netherlands, the new ProShares Bitcoin Strategy ETF (BITO), which started trading this week, will be a game-changer for the crypto market making the process of investing in Bitcoins considerably easier, safer, and more convenient for these 5 major reasons.

6. Walmart Pilot Program Allowing Customers To Purchase Bitcoin and Redeem It For Merchandise  

Walmart (NYSE:WMT) has launched a pilot program that allows customers to purchase bitcoin (BTC-USD) through Coinstar kiosks – enabled by Coinme, a crypto wallet and payment firm that specializes in bitcoin ATMs (BTMs) – in 200 of its stores across the United States. After inserting bills into the machine, a paper voucher is issued. The next stage involves setting up a Coinme account and passing a know-your-customer (KYC) check before the voucher can be redeemed. The machine charges a 4% fee for the bitcoin option, plus another 7% cash exchange fee, according to the Coinstar website and verified by CoinDesk.

7. Valkyrie Bitcoin Strategy ETF To Launch Today & Become Second Bitcoin Futures ETF

A second U.S. Bitcoin futures ETF will reportedly hit the market Friday, with the Valkyrie Bitcoin Strategy ETF (BTF) set to take on the hot new ProShares Bitcoin Strategy ETF (NYSEARCA:BITO) then.

8. VanEck Bitcoin Strategy ETF Set To Launch Next Monday

VanEck wrote in a U.S. Securities Exchange Commission filing Wednesday that its new VanEck Bitcoin Strategy ETF (BATS:XBTF) will be available “as soon as practicable” after this coming Saturday, Oct. 23. That presumably would mean next Monday, Oct. 25. Like BITO, the VanEck ETF will offer investors a way to gain exposure to Bitcoin (BTC-USD) through the futures market.

9. Grayscale Investments Hopes To Convert Its Bitcoin Trust Into a Bitcoin Spot ETF

Grayscale Investments announced Tuesday that it’s filed with the U.S. Securities and Exchange Commission to convert the popular Grayscale Bitcoin Trust (OTC:GBTC) into a Bitcoin spot ETF.

10. Interactive Brokers Has Introduced Cryptocurrency Trading For Registered Investment Advisors

Interactive Brokers (NASDAQ:IBKR) has introduced cryptocurrency trading for registered investment advisors in the U.S., allowing them to trade and custody bitcoin (BTC-USD), ethereum (ETH-USD), litecoin (LTC-USD) and bitcoin cash (BCH-USD) via Paxos Trust on behalf of clients.

A Few Last Words: 

  • Click the “Like” button at the top of the page if you found this article a worthwhile read as this will help us build a bigger audience.
  • Comment below if you want to share your opinion or perspective with other readers and possibly exchange views with them.
  • Register to receive our free Market Intelligence Report newsletter (sample here) in the top right hand corner of this page.
  • Join us on Facebook to be automatically advised of the latest articles posted and to comment on any of them.
 munKNEE.com has joined eResearch.com to provide you with individual company research articles and specific stock recommendations in addition to munKNEE’s more general informative articles on the economy, the markets, and gold, silver and cannabis investing.
Check out eResearch. If you like what you see then…

 

The post Last Week’s Bitcoin Buzz appeared first on munKNEE.com.










Author: Lorimer Wilson

Share this article:

Continue Reading

Energy & Critical Metals

Critical Resources nabs Mavis Lake project and foothold in established Canadian lithium province

Special Report: Critical minerals explorer Critical Resources has notched another arrow to its bow, signing a binding terms sheet with … Read More
The…

Share this article:

Critical minerals explorer Critical Resources has notched another arrow to its bow, signing a binding terms sheet with Essential Metals (ASX:ESS) and International Lithium Corporation (TSVX:ILC) for a 100% interest in the Mavis Lake lithium project in Canada.

The proposed acquisition is a big opportunity for Critical Resources (ASX:CRR) to add a high-quality critical minerals project with excellent further exploration potential to its portfolio.

Especially considering the strong outlook for the lithium market.

The price for lithium carbonate, 99.5% Li2CO3 min, battery grade, spot price CIF China, Japan, and Korea is sitting around US$26/kg.

Not to mention, Canada is a first-class low-risk mining jurisdiction which is strategically located for lithium offtake into the North American manufacturing markets – with the project close to the Trans-Canada highway and railway arteries.

Pic: Location of the Mavis Lake lithium project.

Excellent opportunity to enter the lithium market

Previous drill programs in 2018 returned high-grade lithium oxide intercepts including 55.25m at 1.04% from 82.75m, and 26.30m at 1.70% from 111.9m including 7.70m at 2.97% from 130.5m – which the company says presents significant exploration potential.

“The Mavis Lake terms sheet presents an excellent opportunity for the company to add a high-quality project to our portfolio that further increases our exposure to critical minerals,” Critical Resources (ASX:CRR) CEO Alex Biggs said.

“The company is on a trajectory to become a high growth business focused on building a project pipeline based on asset quality and exposure to in-demand minerals.

“Our focus for this year remains on the upcoming exploration of our Halls Peak base metals asset in New South Wales, Australia which we are very excited about.

“The Mavis Lake project fits all these requirements and provides an excellent entry to the lithium market with an asset that offers excellent prospectivity in a tier 1 jurisdiction.

“Due diligence is ongoing, and we will update the market in due course.”

Exclusivity fee allows due diligence 

As part of the terms of the agreement, the company will pay a total non-refundable exclusivity fee of $200,000, which provides exclusivity until 4 January 2022 – during which Critical Resources will undertake due diligence on the project.

Subject to the satisfaction of the conditions precedent, at completion the company will be required to:

  • Pay $1.5 million cash payment to the sellers;
  • Issue 68,000,000 shares in Critical Resources to the sellers (or their nominees) at an issue price of $0.022 per share (a deemed value of $1.496 million); and
  • Issue 8,000,000 fully paid ordinary shares to the deal facilitator who is a non-related party.

Milestone 1 payment and deferred consideration includes:

  • Payment of $1.50 million cash to the sellers; and
  • $100,000 of fully paid ordinary shares in Critical Resources (up to a maximum of 4,000,000 shares) to the facilitator upon definition of JORC compliant resource of not less than 5.00 million tonnes containing not less than 50,000t of Li2

Milestone 2 payment and deferred consideration includes:

  • Payment of $1.50 million cash to the sellers; and
  • $100,000 of fully paid ordinary shares (up to a maximum of 4,000,000 shares) in Critical Resources to the facilitator upon definition of JORC compliant resource of not less than 10.0 million tonnes containing not less than 100,000t of Li2

$4 million placement planned

As a condition to completion of the acquisition, Critical Resources will conduct a capital raising via a placement to professional and sophisticated investors at $0.029 per share to raise around $4 million. The company confirmed all directors will be participating in the raise.

Participants will receive one free attaching option for every three shares with an exercise price of $0.04 and expiring 3 December 2024.

The proceeds will fund

  • Halls Peak drilling: $1.5 million;
  • Mavis Lake Lithium acquisition, preliminary drilling, and associated costs: $2.15 million; and
  • Corporate and working capital: $0.350 million.

Sixty Two Capital Pty Ltd is the lead manager and on completion will be entitled to a capital raising fee of 6% of the total amount – and subject to shareholder approval, will be entitled to be granted 15,000,000 unlisted lead manager options with an exercise price of $0.04 and expiring 3 December 2024.

 


 

 

This article was developed in collaboration with Critical Resources Limited, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

The post Critical Resources nabs Mavis Lake project and foothold in established Canadian lithium province appeared first on Stockhead.



Author: Special Report

Share this article:

Continue Reading

Precious Metals

Current Bitcoin Fear & Greed Index

Each day, we analyze emotions and sentiments from different sources and crunch them into one simple number: The Fear & Greed Index for Bitcoin and…

Share this article:

Each day, we analyze emotions and sentiments from different sources and crunch them into one simple number: The Fear & Greed Index for Bitcoin and other large cryptocurrencies.
This post by Lorimer Wilson, Managing Editor of munKNEE.com is an edited ([ ]) and abridged (…) version of an article by Alternative.me for the sake of clarity and length to ensure a fast and easy read.
<img src=”https://alternative.me/crypto/fear-and-greed-index.png” alt=”Latest Crypto Fear & Greed Index” />

Why Measure Fear and Greed?

The crypto market behaviour is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear Of Missing Out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions:

  • Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
  • When Investors are getting too greedy, that means the market is due for a correction.

Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means “Extreme Fear”, while 100 means “Extreme Greed”. See below for further information on our data sources.

Data Sources

We are gathering data from the five following sources. Each data point is valued the same as the day before in order to visualize a meaningful progress in sentiment change of the crypto market…

1. Volatility (25 %)

We’re measuring the current volatility and max. drawdowns of bitcoin and compare it with the corresponding average values of the last 30 days and 90 days. We argue that an unusual rise in volatility is a sign of a fearful market.

2. Market Momentum/Volume (25%)

Also, we’re measuring the current volume and market momentum (again in comparison with the last 30/90 day average values) and put those two values together. Generally, when we see high buying volumes in a positive market on a daily basis, we conclude that the market acts overly greedy / too bullish.

3. Social Media (15%)

While our reddit sentiment analysis is still not in the live index (we’re still experimenting some market-related key words in the text processing algorithm), our twitter analysis is running. There, we gather and count posts on various hashtags for each coin (publicly, we show only those for Bitcoin) and check how fast and how many interactions they receive in certain time frames). A unusual high interaction rate results in a grown public interest in the coin and in our eyes, corresponds to a greedy market behaviour.

4. Dominance (10%)

The dominance of a coin resembles the market cap share of the whole crypto market. Especially for Bitcoin, we think that a rise in Bitcoin dominance is caused by a fear of (and thus a reduction of) too speculative alt-coin investments, since Bitcoin is becoming more and more the safe haven of crypto. On the other side, when Bitcoin dominance shrinks, people are getting more greedy by investing in more risky alt-coins, dreaming of their chance in the next big bull run. By analyzing the dominance for a coin other than Bitcoin, you could argue the other way round, since more interest in an alt-coin may conclude a bullish/greedy behaviour for that specific coin.

5. Trends (10%)

We pull Google Trends data for various Bitcoin related search queries and crunch those numbers, especially the change of search volumes as well as recommended other currently popular searches. For example, if you check Google Trends for “Bitcoin”, you can’t get much information from the search volume. Currently, you can see that there is a +1,550% rise of the query “bitcoin price manipulation“ in the box of related search queries (as of 05/29/2018). This is clearly a sign of fear in the market, and we use that for our index.

 

Surveys (15%) currently paused

Together with strawpoll.com (disclaimer: we own this site, too), quite a large public polling platform, we’re conducting weekly crypto polls and ask people how they see the market. Usually, we’re seeing 2,000 – 3,000 votes on each poll, so we do get a picture of the sentiment of a group of crypto investors. We don’t give those results too much attention, but it was quite useful in the beginning of our studies. You can see some recent results here.

Editor’s Note:  The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.  Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

Related Articles from the munKNEE Vault:

1. Bitcoin Surges; Dollar Dives; U.S. Economic Outlook Plummets

Tuesday was all about two things – what went up and what went down – and below is a look at what happened in chart form.

2. New ETF Will Make It Easier, Safer & More Convenient To Invest In Bitcoin

A futures-based exchange-traded funds based on Bitcoin called the ProShares Bitcoin Strategy ETF (BITO) started yesterday and I believe it will be a major factor in making the process to invest in Bitcoins considerably easier, safer, and more convenient. Here are 5 reasons why:

3. Average of 50 Bitcoin Price Predictions: End of 2021 ($71,445); By 2025 ($249,578) and $5,237,082 By 2030

Find out why 50 industry experts think Bitcoin will be worth US$71,415 by the end of 2021, before rising to US$249,578 by 2025 and why holding till 2030 will be the real payoff.

4. Bitcoin Is Going To $500,000 and the Rationale Is Simple

While there are risks, cryptocurrencies can reap huge rewards for those who make the right investment decisions. In this blog post, we discuss how to invest in cryptocurrency and what you need to know if you want to get involved!

8. Bitcoin vs. Gold: Which Is the Better Asset To Own?

Gold and Crypto are both expected to embark on their next bull run and, a disadvantage to owning one asset is often an advantage of owning the other. Therefore, we believe both deserve a place in your portfolio for at least insurance purposes.

9. Bitcoin vs Gold: A Surprising Price Correlation

It would be wise for bitcoin traders to use any kind of hedge that they can find and over the past few months, one such hedge has been, ironically, gold.

A Few Last Words: 

  • Click the “Like” buttonat the top of the page if you found this article a worthwhile read as this will help us build a bigger audience.
  • Comment belowif you want to share your opinion or perspective with other readers and possibly exchange views with them.
  • Register to receive our free Market Intelligence Report newsletter (samplehere) in the top right hand corner of this page.
  • Join us onFacebookto be automatically advised of the latest articles posted and to comment on any of them.


 munKNEE.com has joined eResearch.com to provide you with individual company research articles and specific stock recommendations in addition to munKNEE’s more general informative articles on the economy, the markets, and gold, silver and cannabis investing.
Check out eResearch. If you like what you see then…

 

The post Current Bitcoin Fear & Greed Index appeared first on munKNEE.com.


Author: Lorimer Wilson

Share this article:

Continue Reading

Trending