Categorized | Commodities

Investing Abroad in Canadian Mining Companies

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Why Canadian mining companies are a great opportunity for you:

Canadian Mining CompaniesWhile many people are content with opportunities located domestically, true experts know that portfolios should use foreign holdings to protect their monetary investments and increase the amount of sources of increased earnings from the stock market, and a great way to do this is with Canadian mining companies. Using foreign investments is nothing new, in fact, brokers have been encouraging their clients to expand their portfolios to include other countries’ exchanges so that they don’t have to worry as much about a stock market crash. Canadian mining companies have been growing since the early 1900s. With the increasing reliance not only on alternative energy sources from minerals and chemicals, but also on the precious metals that are mined in Canada. Some materials that are heavily mined in Canada include gold mining stocks, silver, diamonds,coal and even some lithium mining companies.

What companies are creating the best opportunities among Canadian mining companies?:

Several companies have set themselves apart from the competition among Canadian mining companies. Some of these companies include Barrick Gold Corporation (USA) (Public, NYSE:ABX), ProShares Ultra S&P500 (ETF) (Public, NYSE:SSO), Silvercorp Metals Inc. (USA) (Public, NYSE:SVM), which are all companies that mine precious metals that are used throughout the world. Because of the relatively inelastic demand curve of precious metals, these companies have been able to succeed even through recessions. By purchasing stock in these companies on either the NYSE or the Toronto Stock Exchange, you may be able to get a better return than traditional, domestic opportunities. As with any investment, there is a degree of risk, but this is what gives you the opportunity for a great payout. By balancing the risk and reward with these Canadian mining companies, you will not only add different assets to your portfolio, but you will also be able to learn more about the opportunities that are available in other nations and discover the endless possibilities for direct investment internationally.

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