World Stock Watch

Uncharted Territory: The Rise of Safe Haven Assets and Critical Minerals

As global tensions escalate, investors are flocking to safe haven assets and critical minerals, sending prices soaring. Central banks are buying gold, defense stocks are booming, and there’s even talk of a national strategic Bitcoin reserve in the U.S.

Antimony: The Unsung Hero

Antimony, a little-known yet indispensable metal, has seen its price surge 300% year-to-date. This critical component in modern warfare is in high demand, particularly among Western powers looking to restock their armories. Companies like Military Metals (CSE: MILI, OTCQB: MILIF) are well-positioned to benefit from this rally, with their pure-play antimony projects in Slovakia and Canada.

Gold Rush 2.0

Gold’s reputation as a safe haven asset has been reaffirmed, with prices hitting an all-time high of almost $2,800 per ounce. Central banks, particularly those in emerging markets, have been key players in this gold rush, purchasing a record 800 metric tons of gold in the first half of the year. Companies like Barrick Gold (NYSE: GOLD) are set to benefit from this environment, despite facing challenges in their Nevada operations.

Bitcoin’s Resurgence

Bitcoin’s remarkable year has seen it break past the $100,000 mark, doubling in value since the start of the year. Institutional-grade financial products have driven this rally, making it easier than ever for both retail and institutional investors to gain exposure. Companies like MicroStrategy (NASDAQ: MSTR) have transformed themselves into corporate Bitcoin giants, with their fortunes rising in tandem with the cryptocurrency’s meteoric rise.

Companies to Watch

Other companies worth keeping an eye on include:

• Marathon Digital Holdings, Inc. (NASDAQ: MARA), a leading Bitcoin mining company committed to sustainable practices.
• CoinDesk (NASDAQ: COIN), a leading media platform and information services company for the cryptocurrency and blockchain technology community.
• Newmont Corporation (NYSE: NEM), a leading global gold producer with a significant presence in North and South America, Australia, and Africa.
• Block, Inc. (NYSE: SQ), a financial technology company that provides payment processing solutions and financial services to individuals and businesses.
• Kinross Gold Corporation (NYSE: KGC), a prominent gold mining company with a global presence, operating mines and development projects in the Americas, West Africa, and Russia.
• Agnico Eagle Mines Limited (NYSE: AEM), a leading gold mining company with a focus on operations in Canada, Finland, and Mexico.

Important Disclosures

This article contains forward-looking information subject to various risks and uncertainties. The opinions expressed are based on current expectations and assumptions about future events, geopolitical developments, trade policies, market conditions, and the companies mentioned. Factors that could change or prevent these statements from coming to fruition include, but are not limited to, changes in government policies, market conditions, regulatory developments, geopolitical events, and the companies’ ability to successfully execute their strategies. This communication is for entertainment purposes only and should not be considered investment advice. Always do your own research and consult with a licensed investment professional before making any investment decisions.