The above chart is a 20-year snapshot that covers the Gold to Silver price ratio. It measures the number of silver ounces are needed to purchase a single ounce of gold. This bellwether indicator has crossed into new territory and is currently fluctuating between 85 and 83, which is significantly higher than the normal range.
If you are looking for a hedge against inflation, it is common to be recommended gold or silver as an investment option. So why not invest in copper?
Well, buying up large quantities of copper bullion is largely impractical. It is also not readily understood what an investment in copper represents.
Located in Nevada’s prolific Cortez Trend, the Iceberg Project is 100% owned by NuLegacy Gold. The company has spent over $6 million over the past 3 years on exploration, locating the Iceberg deposit that is now being developed.
Goldgroup Mining Inc. is a Canadian-based gold production, development and exploration company with a specific focus on projects within Mexico. Goldgroup trades on the Toronto Venture Exchange under the ticker symbol GGA and on the OTC under the symbol GGAZF.
First Majestic Silver Corp has three mines in operation, a fourth scheduled to come online shortly, and several recently-acquired exploration properties. With a focus on silver projects in Mexico, First Majestic Silver has grown rapidly over the past few years. Read our report on First Majestic Silver:
First Majestic Silver Corp.
Novadx Ventures is a Canadian coal producer, with operations focused in the Central Appalachian region of the southern United States. Novadx trades on the Toronto Venture Exchange, under the ticker symbol NDX, has two coalmines in production: the Rosa Mine in Alabama and the Rex No.1