Bill Haylock.<\/a> With governments controlling the levers of power to accelerate the speed of supply, we need to make a stand to ensure exploration companies like Coda Minerals Ltd. are supported.\u00a0\u00a0<\/p>\n\n\n\nBHP\u2019s Head, Mike Henry stated that governments must also maintain stable fiscal settings, otherwise investment risk increases. This is where reviving the Gold Standard comes into play. <\/p>\n\n\n\n
During the first market crash of the COVID-19 pandemic during the first quarter of 2020, gold proved resilient compared to equities which were sold off across the board. Investors saw this ever-present commodity as a safe haven during market volatility due to its protective properties. <\/p>\n\n\n\n
This may sound as if it was taken straight from the ASX, and you\u2019d be right. What is a little unclear though is why central banks \u2013 who offer banking services to the government – buy gold during uncertain times. A deeper look at its trends over the last four years reveal a strong, stable positive incline when compared to the ASX200 Index Total Return (Bloomberg, 2023). <\/p>\n\n\n\n
Therefore, the reason we literally need to revive the Gold Standard again is because companies also mine this precious metal, which is then used for highly efficient electrical conductivity in circuits. In turn, these circuits go into technology products that software like Socialsuite and PX4 are built upon. And software systems like these ensure junior exploration and production companies remain compliant. Finally, physical gold acts as a hedge in investment portfolios which means more business for miners and refiners. <\/p>\n\n\n\n
So let\u2019s revive the Gold Standard and our beautiful industry again. The Australian Government; we\u2019re looking at you for help.<\/p>\n","protected":false},"excerpt":{"rendered":"
After an impressive turnout for the Sydney Resources Round-Up recently, it was evident that critical minerals were a hot topic. One particular presentation that was an absolute standout was from Chris Stevens, CEO of Coda Minerals Ltd. As a jazz musician turned Copper CEO, he was able to execute the importance of Copper-Cobalt exploration in […]<\/p>\n","protected":false},"author":1,"featured_media":3867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[11],"tags":[],"yoast_head":"\n
Reviving The Gold Standard - PX4<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n