FIL

Why Uncertain Times are Fueling Demand for Precious Metals as Safe-Haven Investments

Retrieved on: 
Thursday, November 2, 2023
Aurora, FNM, Pan-American, Press release, Palladium, PDT, Filo, Annual report, PAAS, Silver, Form 10-K, Platinum, Gold, Malartic, Metal, News, Agnico Eagle, ANY, Hercules, Safety, Meadowbank, La Colorada, FIL, Security (finance), NW, Copper, Pan American Silver, Research, NOT, PALM, Detour Gold, TSX, AISC, Canadian Malartic Corporation, NEVER, NYSE, OTCQX, OTCQB, Environment, AEM, Uncertainty, Mining, Printed circuit board, Uranium mining, Gum arabic

PALM BEACH, Fla., Nov. 2, 2023 /PRNewswire/ -- Economic uncertainty, a major driver of the present precious metal market recovery, looms big, in the global financial arena. Precious metals such as gold, silver, platinum, and palladium have traditionally been considered safe-haven investments, but current market conditions have increased the value of these assets. In an era of economic turbulence and uncertainty, precious metals shine as a beacon of financial security.  Concerns about the purchasing power of money have increased the appeal of gold, silver, platinum, and palladium. The low-interest-rate environment, which central banks have maintained to spur economic recovery, has made traditional interest-bearing investments less appealing. Investors have also become more concerned about stock market volatility and the ever-present risk of a market correction or disaster. Economic instability has created a desire for diversity, pushing investors to add precious metals to their portfolios to limit risks and hedge against the chance of a quick market recession.  A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033. It said the gold segment has witnessed a surge in demand over the past few years and accounted for a market share of around 81.5% in 2022 and the silver segment is forecasted to expand at a CAGR of 2.5% over the next 10 years.  Active mining companies in markets include:  Regency Silver Corp. (OTCQB: RSMXF) (TSX-V: RSMX), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Hercules Silver Corp. (OTCQB: BADEF) (TSX-V: BIG), Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS), Filo Corp. (OTCQX: FLMMF) (TSX: FIL).

Key Points: 
  • A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033.
  • The Fact.MR report said: "The comeback of safe-haven investments is one of the most noticeable trends in the precious metal market.
  • Institutions such as central banks and huge investment funds are progressively diversifying their portfolios, with precious metals driving market growth.
  • This move not only demonstrates their rising confidence in the long-term value of certain metals but also fuels the demand for precious metals.

Why Uncertain Times are Fueling Demand for Precious Metals as Safe-Haven Investments

Retrieved on: 
Thursday, November 2, 2023
Aurora, FNM, Pan-American, Press release, Palladium, PDT, Filo, Annual report, PAAS, Silver, Form 10-K, Platinum, Gold, Malartic, Metal, News, Agnico Eagle, ANY, Hercules, Safety, Meadowbank, La Colorada, FIL, Security (finance), NW, Copper, Pan American Silver, Research, NOT, PALM, Detour Gold, TSX, AISC, Canadian Malartic Corporation, NEVER, NYSE, OTCQX, OTCQB, Environment, AEM, Uncertainty, Mining, Printed circuit board, Uranium mining, Gum arabic

PALM BEACH, Fla., Nov. 2, 2023 /PRNewswire/ -- Economic uncertainty, a major driver of the present precious metal market recovery, looms big, in the global financial arena. Precious metals such as gold, silver, platinum, and palladium have traditionally been considered safe-haven investments, but current market conditions have increased the value of these assets. In an era of economic turbulence and uncertainty, precious metals shine as a beacon of financial security.  Concerns about the purchasing power of money have increased the appeal of gold, silver, platinum, and palladium. The low-interest-rate environment, which central banks have maintained to spur economic recovery, has made traditional interest-bearing investments less appealing. Investors have also become more concerned about stock market volatility and the ever-present risk of a market correction or disaster. Economic instability has created a desire for diversity, pushing investors to add precious metals to their portfolios to limit risks and hedge against the chance of a quick market recession.  A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033. It said the gold segment has witnessed a surge in demand over the past few years and accounted for a market share of around 81.5% in 2022 and the silver segment is forecasted to expand at a CAGR of 2.5% over the next 10 years.  Active mining companies in markets include:  Regency Silver Corp. (OTCQB: RSMXF) (TSX-V: RSMX), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Hercules Silver Corp. (OTCQB: BADEF) (TSX-V: BIG), Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS), Filo Corp. (OTCQX: FLMMF) (TSX: FIL).

Key Points: 
  • A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033.
  • The Fact.MR report said: "The comeback of safe-haven investments is one of the most noticeable trends in the precious metal market.
  • Institutions such as central banks and huge investment funds are progressively diversifying their portfolios, with precious metals driving market growth.
  • This move not only demonstrates their rising confidence in the long-term value of certain metals but also fuels the demand for precious metals.

OKX Celebrates One Year of Monthly Proof of Reserves, with 12th Monthly Report Showing US$12.5bn in Primary Assets

Retrieved on: 
Monday, October 30, 2023
XRP, EOS, Momentum, FIL, DOT, APT, DASH, ETH, SOL, ELF, USDC, DOGE, TRX, Por, Disclosure, OKX, OKB, Trust, American Music Awards, LTC, Merkle, LINK, ETC, Privacy, BTC, PEOPLE, CMO, UNI, USDT, Cryptocurrency

OKX's PoR covers 22 commonly used digital assets and shows that OKX has maintained a reserve ratio exceeding 100% for 12 consecutive months across all assets.

Key Points: 
  • OKX's PoR covers 22 commonly used digital assets and shows that OKX has maintained a reserve ratio exceeding 100% for 12 consecutive months across all assets.
  • OKX consistently enhanced its Proof of Reserves in the past year.
  • The open-source verification tool allows users to independently verify OKX's solvency and confirm their assets are backed by OKX reserves while maintaining their privacy.
  • Users can view the latest PoR report, reserve ratios, and verify OKX's solvency here .

OKX Celebrates One Year of Monthly Proof of Reserves, with 12th Monthly Report Showing US$12.5bn in Primary Assets

Retrieved on: 
Monday, October 30, 2023
XRP, EOS, Momentum, FIL, DOT, APT, DASH, ETH, SOL, ELF, USDC, DOGE, TRX, Por, Disclosure, OKX, OKB, Trust, American Music Awards, LTC, Merkle, LINK, ETC, Privacy, BTC, PEOPLE, CMO, UNI, USDT, Cryptocurrency

OKX's PoR covers 22 commonly used digital assets and shows that OKX has maintained a reserve ratio exceeding 100% for 12 consecutive months across all assets.

Key Points: 
  • OKX's PoR covers 22 commonly used digital assets and shows that OKX has maintained a reserve ratio exceeding 100% for 12 consecutive months across all assets.
  • OKX consistently enhanced its Proof of Reserves in the past year.
  • The open-source verification tool allows users to independently verify OKX's solvency and confirm their assets are backed by OKX reserves while maintaining their privacy.
  • Users can view the latest PoR report, reserve ratios, and verify OKX's solvency here .

Global Crypto Exchange Platform, PayBito Adds GAS, CFX, STX to Its Asset List

Retrieved on: 
Thursday, October 26, 2023
Bitcoin, Ethereum, Ethereum Classic, STX, FIL, GAS, NEAR, BNB, CFX, Cryptocurrency, ALGO, AVAX, BBZ, PALO, Blockchain

PALO ALTO, Calif., Oct. 26, 2023 /PRNewswire-PRWeb/ -- The renowned crypto exchange, PayBito operates globally and has received several accolades for its top-notch features and state-of-the-art infrastructure. To improve trader experience, and attract more and more investors to its exchange, PayBito recently declared its intention to add GAS, STX, and CFX to its existing asset list. With new features and an extensive range of investment options, PayBito has positioned itself among the world's top dependable, best crypto trading platforms.

Key Points: 
  • The US-based crypto exchange platform, PayBito has recently announced adding GAS, STX, and CFX altcoins to its existing asset list.
  • To improve trader experience, and attract more and more investors to its exchange , PayBito recently declared its intention to add GAS, STX, and CFX to its existing asset list.
  • After adding BBZ, BNB, and FIL to its asset list, PayBito has lately announced adding GAS, STX, and CFX to its asset list due to the growing demand of traders, and to offer better investment opportunities.
  • PayBito is a renowned crypto exchange platform and has received several awards for collaboration and contribution to the crypto industry.

Flash News: OKX to Host Proof of Reserves Themed Twitter AMA on October 5 at 08:00 (PST)

Retrieved on: 
Thursday, October 5, 2023
Crypto, XRP, EOS, LTC, Web3, AMA, DOT, PORS, USDT, LINK, ETC, PST, USD, Por, APT, FIL, USDC, ELF, OKB, PEOPLE, DASH, SOL, UNI, ETH, OKX, TRX, BTC, DOGE, Cryptocurrency

OKX will today host a Proof of Reserves (PoR) themed Ask Me Anything (AMA) session on X at 08:00 (PST).

Key Points: 
  • OKX will today host a Proof of Reserves (PoR) themed Ask Me Anything (AMA) session on X at 08:00 (PST).
  • The AMA will feature OKX Chief Marketing Officer Haider Rafique and OKX Global Chief Commercial Officer Lennix Lai, as well as Blockchain Expert Nic Carter , Trading KOL Crypto Emily and PIXL Partner 3orovik .
  • Those interested in participating in the AMA can set a reminder for the upcoming X Space session here .
  • OKX also recently released its 11th monthly PoR on September 26, showing balances of USD$11.2 billion in primary assets.

PayBito, The Global Crypto Exchange Adds BBZ, BNB, and FIL to Its Asset List

Retrieved on: 
Tuesday, October 17, 2023
Bitcoin, Ethereum, Ethereum Classic, EOS, BBZ, FIL, AVAX, Trust, ALGO, Cryptocurrency, BNB, Blockchain, TRX, PALO, Ripple

PALO ALTO, Calif., Oct. 17, 2023 /PRNewswire-PRWeb/ -- PayBito, a reputable cryptocurrency exchange based in the US, has received several accolades for its exceptional features and advanced infrastructure. The exchange has recently announced its intention to broaden its asset list by incorporating BBZ, BNB, and FIL, in response to growing demand from traders and to attract new investors. With its enhanced features and a diverse range of popular cryptocurrencies, PayBito has cemented its position as a dependable trading platform for users worldwide. 

Key Points: 
  • PayBito, the US-based globally active crypto exchange platform announced its plans of adding new crypto assets, BBZ, BNB, and FIL to its asset list.
  • The exchange has recently announced its intention to broaden its asset list by incorporating BBZ, BNB, and FIL, in response to growing demand from traders and to attract new investors.
  • PayBito has recently added BBZ, BNB, and FIL to its asset list, increasing the investment opportunities for traders on the platform.
  • PayBito has recently launched the world's first crypto broker platform for institutional investors, individual brokers, and anyone willing to join the crypto industry.

OKX Proof of Reserves Ranked Highest Quality Among Major Exchanges as 11th Consecutive Monthly Reserves Report is Published

Retrieved on: 
Tuesday, September 26, 2023
XRP, EOS, Blockchain, DOGE, FIL, UNI, ETH, LTC, SOL, Overalls, USDC, Calendar, ETC, Por, OKB, Privacy, USD, ELF, DASH, TRX, DOT, USDT, Trust, OKX, Knowledge, APT, BTC, LINK, PEOPLE, Cryptocurrency

OKX's latest PoR comes days after Castle Island Ventures partner and blockchain and Proof of Reserves expert Nic Carter ranked OKX highest of all major centralized exchanges on its quality of Proof of Reserves.

Key Points: 
  • OKX's latest PoR comes days after Castle Island Ventures partner and blockchain and Proof of Reserves expert Nic Carter ranked OKX highest of all major centralized exchanges on its quality of Proof of Reserves.
  • In his ranking, he cited OKX's credibility, knowledge of leadership, demonstrated commitment to transparency and overall PoR quality as reasons for his positive assessment.
  • OKX's PoR covers 22 commonly used digital assets and shows that OKX has maintained a reserve ratio exceeding 100% for 11 consecutive months across all those assets.
  • OKX has published over 210,000 addresses for its PoR program, and will continue to allow the public to view its asset flows.

OKX Proof of Reserves Ranked Highest Quality Among Major Exchanges as 11th Consecutive Monthly Reserves Report is Published

Retrieved on: 
Tuesday, September 26, 2023
XRP, EOS, Blockchain, DOGE, FIL, UNI, ETH, LTC, SOL, Overalls, USDC, Calendar, ETC, Por, OKB, Privacy, USD, ELF, DASH, TRX, DOT, USDT, Trust, OKX, Knowledge, APT, BTC, LINK, PEOPLE, Cryptocurrency

OKX's latest PoR comes days after Castle Island Ventures partner and blockchain and Proof of Reserves expert Nic Carter ranked OKX highest of all major centralized exchanges on its quality of Proof of Reserves.

Key Points: 
  • OKX's latest PoR comes days after Castle Island Ventures partner and blockchain and Proof of Reserves expert Nic Carter ranked OKX highest of all major centralized exchanges on its quality of Proof of Reserves.
  • In his ranking, he cited OKX's credibility, knowledge of leadership, demonstrated commitment to transparency and overall PoR quality as reasons for his positive assessment.
  • OKX's PoR covers 22 commonly used digital assets and shows that OKX has maintained a reserve ratio exceeding 100% for 11 consecutive months across all those assets.
  • OKX has published over 210,000 addresses for its PoR program, and will continue to allow the public to view its asset flows.

SBC Summit Finds New Home in Lisbon

Retrieved on: 
Wednesday, September 20, 2023
FIL, Exhibition, Airport, Fira (Barcelona Metro), Language, Web Summit, Lisbon Airport, Feira, Restaurant, SBC, Convention center, Coffee, Growth, City, Transport, Summit, Director general, Nightclub

Previously known as SBC Summit Barcelona, the upcoming event will be named SBC Summit 2024, as the branding has evolved to better reflect the worldwide nature of the event.

Key Points: 
  • Previously known as SBC Summit Barcelona, the upcoming event will be named SBC Summit 2024, as the branding has evolved to better reflect the worldwide nature of the event.
  • With the expanded venue capacity, the SBC Summit will now accommodate 25,000 attendees at FIL.
  • Maria João Rocha de Matos, General Director of FIL said: "We are thrilled to welcome the SBC Summit to Lisbon in 2024.
  • We can't wait to showcase all that FIL and Lisbon have to offer and make the SBC Summit a resounding success for many years to come."