QUESTIONSMetals & Mining Investment Conference (MM9607)
Venue: The Harvard Club
Location: New York City, New York, United States
| Event Date/Time: Sep 06, 2007 | End Date/Time: Sep 06, 2007 |
| Early Registration Date: Aug 03, 2007 |
Report as SpamDescription
The gold rally is going on its seventh consecutive year. Gold soared to a 26-year high at $732 an ounce on May 12, 2006. The spot price of gold has approached the $700 several times in 2007. Other precious metals have experienced similar highs, with silver currently at over $13 per ounce, palladium at about $372 per ounce, and platinum at $1,292 per ounce.
Many traditionally reliable indicators continue to flash buy signals for gold and silver. In the first quarter of 2007, the dollar fell to its lowest level in more than two years against six major currencies. World-wide hostilities - from Iran to North Korea - are also causing investors to clamor for the safety associated with gold and silver.
There are a host of demand factors that are supporting the metals rally. For instance, emerging countries such as China, India and a host of Middle Eastern nations are likely to increase their demand for gold and other metals as a result of industrial growth, their viewing gold as an investment, and for jewelry fabrication. Further:
In the U.S., a variety of industrial segments – such as electronics, dental, medical applications, fuel cells, chemical processing and pollution control - are increasing their consumption of gold.
New uses for silver are found in the semiconductor industry, paper manufacturing and wound care industries.
Demand for copper is surging as a result of new applications including “green building”, home networking, semiconductor circuitry and military uses.
Compounding the rising demand for gold is the fact that the supply of gold is highly constrained. Gold production has been anemic in South Africa and Canada – two of the world’s most prolific gold producing regions - for the past several years.
However, the Bible tells us that seven good years are followed by seven bad years. No rally can last indefinitely. Will the precious metals markets lose their luster in 2007?
Don’t miss this opportunity to listen to some of the foremost authorities discuss their outlook for several Metals & Mining sectors.
Many traditionally reliable indicators continue to flash buy signals for gold and silver. In the first quarter of 2007, the dollar fell to its lowest level in more than two years against six major currencies. World-wide hostilities - from Iran to North Korea - are also causing investors to clamor for the safety associated with gold and silver.
There are a host of demand factors that are supporting the metals rally. For instance, emerging countries such as China, India and a host of Middle Eastern nations are likely to increase their demand for gold and other metals as a result of industrial growth, their viewing gold as an investment, and for jewelry fabrication. Further:
In the U.S., a variety of industrial segments – such as electronics, dental, medical applications, fuel cells, chemical processing and pollution control - are increasing their consumption of gold.
New uses for silver are found in the semiconductor industry, paper manufacturing and wound care industries.
Demand for copper is surging as a result of new applications including “green building”, home networking, semiconductor circuitry and military uses.
Compounding the rising demand for gold is the fact that the supply of gold is highly constrained. Gold production has been anemic in South Africa and Canada – two of the world’s most prolific gold producing regions - for the past several years.
However, the Bible tells us that seven good years are followed by seven bad years. No rally can last indefinitely. Will the precious metals markets lose their luster in 2007?
Don’t miss this opportunity to listen to some of the foremost authorities discuss their outlook for several Metals & Mining sectors.
