Volatile Economy Makes Gold Space 'Increasingly Attractive'

(MENAFN- Investor Brand Network) NetworkNewsWire Editorial Coverage : In uncertain economic times, stability is a rare commodity. Historically, one of the most stable spaces during fragile economies is gold, a highly liquid asset that carries no credit risk and preserves its value over time. The precious metal also benefits from diverse sources of demand: as an investment , a reserve asset, Gold jewelry , or a technology component. These attributes mean gold can enhance a portfolio in three ways: delivering long-term returns, improving diversification and providing liquidity. Many gold mining companies, including GEMXX Corp. (OTC: GEMZ) (Profile ) , are seeing significant growth and success during the recent volatile economy. Quickly graduating past startup phase and seeing global growth in mere months, GEMXX is now eyeing vertical integration - a noteworthy differentiator in the gold sector. In addition to gold, the company mines ammolite, a gemstone similar to black opal. With colored gems sparking a hot jewelry trend, this added offering distinguishes GEMXX from many in the gold space. Other mining companies seeing notable success in the gold sector include Wheaton Precious Metals Corp. (NYSE: WPM) ; McEwen Mining Inc. (NYSE: MUX) ; Fortitude Gold Corp. (OTCQB: FTCO) ; and Gold Fields (NYSE: GFI) ...

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