Connect with us

Hi, what are you looking for?

Investing

Kerry Stevenson: Gold, Uranium, Lithium — What I’m Doing with My Money

She sees gold as a key portfolio component, especially during today’s turmoil, and said she has exposure to physical gold and silver in addition to gold equities. ‘For me it’s all about diversification. Because my view is that if you keep printing like drunken sailors, then hard assets are something that you really, strongly need to look at,’ she said.

However, Stevenson, who also runs the Australian Gold Conference, is following markets like uranium and lithium as they continue to gain traction on the back of the ongoing energy transition.

‘We need more and more energy to transition, regardless of which way you look at it. This energy transition, this zero-carbon world that people want us to live in — uranium in my opinion is a commodity to really start to have a look at,’ she said, pointing to Saskatchewan’s Athabasca Basin as a location where Australian companies are gravitating.

When it comes to lithium, she said the market can be confusing. She encouraged investors to be hopeful but skeptical, and said that as with other sectors she focuses first on management, and then on the project and jurisdiction.

Overall Stevenson said gold remains her first choice given its long history as a store of value.

‘I’ll always go back to gold, because to me gold is money and everything else is credit. As an investor I would say physical gold is your friend — that’s what will protect your purchasing power. You keep it, you hold it, you don’t spend it,’ she said.

Watch the interview above for more from Stevenson on gold, uranium, lithium and more.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    North Korea may be known as the hermit kingdom, but the isolated nation could be edging toward opening its borders to small numbers of...

    Latest News

    Evacuations are underway across Hawaii’s Big Island and Maui as passing Hurricane Dora helps fuel wildfires that have damaged structures, prompted rescues and spurred...

    Latest News

    Former world No. 1 Caroline Wozniacki won her first competitive tennis match in three-and-a-half years on Tuesday, defeating Australian Kimberly Birrell 6-2 6-2 at...

    Economy

    Minyon Moore, the former Biden adviser who served on the board of directors of the Black Lives Matter Global Network Foundation last year, will chair...

    Disclaimer: balanceandcharge.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 balanceandcharge.com