Presented every year since 1989, it now showcases seven-eighths of the world’s publicly traded gold and silver companies when measured by production or reserves.
The gold mining industry is now at an exciting juncture; balance sheets have been repaired, funding pressures are easing, and the development pipeline needs quality projects, if global production levels are to be maintained. In that context, what does the next five years look like? abstract
This presentation will introduce Mene’s concept and founding principles, and explain its business model. It will also provide an update on business performance in the first year and give outlook for next steps for the company.
Some believe the “barbarous relic” has no role now that digital assets have gained traction. I would disagree as gold is the ultimate constant, that remains liquid during a crisis and a timeless store of value. Digital assets are designed to be growth assets, and as a result, are volatile. Gold and bitcoins will live side by side, both demonstrating unique characteristics in portfolio management.
Over much of the last decade gold production has been on a rising trend; this despite a long run of declining prices and exploration since 2013. Now, with prices once again on a general yet gradual uptrend since 2016, and average operating costs already having fallen significantly, we look at the health of the gold sector and ask whether we have hit the bottom and surfaced out of the bear leg of the cycle with conviction.
Investors who invest in gold through intelligent diversified strategies tend to buy more gold that buy-and-hold investors. Central banks that use gold as a monetary tool tend to be more interested in buying and holding more gold than central banks that merely stack it up in the cellar as a sterile monetary reserve asset. Investors also need new approaches to investing in gold mining shares that give them better risk-reward profiles than traditional buying patterns.
This session will provide an update on Goldmoney’s core business performance; explain new business initiatives such as BlockVault, Goldmoney China, Lend & Borrow Trust; and share outlook for projects in the pipeline and future drivers of growth.
The Broadmoor is the world’s longest-running consecutive winner of both the AAA Five Diamond and Forbes Travel Guide Five Star awards.
The Broadmoor’s central location makes it equally convenient from both coasts, and to the international visitor as well.