On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Moon Equity Holdings Inc. (MONI) Eyes Potential in Precious Metals Markets

  • All signs point to gold cooling down, consolidating in the short run before rallying again toward the end of the year and into 2022
  • An increase in demand for silver is likely, stemming primarily from the Biden administration’s $2 trillion climate plan
  • MONI is investing in a well-diversified acquisition portfolio of income-generating businesses, with precious metals being a key component

The economic uncertainty of the past 18 months has touched almost every aspect of the financial world, including the precious metals space, with prices fluctuating wildly. Although it’s difficult to know what’s in store for gold, silver, and platinum group metals, the forecast looks fairly good. Moon Equity Holdings (OTC: MONI), an investment company that focuses on acquisitions in the fintech, crypto, precious metals, and real estate sectors, is watching market developments closely. 

“The yellow metal had a strong run last year with an annual price increase of 24%,” reported a “Forbes” article, which was cited as an aggregate of expert opinions in the industry (https://ibn.fm/cmVQM). “On January 2, gold opened at $1,521, and it closed on December 31 at $1,895. This constitutes the best year-over-year growth for gold since 2010. 

“All signs point to gold cooling down and consolidating in the short run before rallying again toward the end of the year and into 2022,” the article continued, noting that Citigroup predicts a price target of $2,500 by year end and that gold prices would most likely surge if the Fed was forced to raise the federal funds rate to combat rising inflation. “Investors interested in gold will likely want to buy now if they believe the conditions that drove 2020’s bull run — equity market volatility, a weaker dollar, and a low-interest-rate environment — will continue through 2021. It’s important to note, though, that gold prices have fallen in the first couple of months of this year.

Forbes also stated that an increase in demand for silver is likely, stemming primarily from the Biden administration’s $2 trillion climate plan. “Silver alloys are used extensively in the production of solar panels and photovoltaic (PV) cells,” they noted. “In fact, in 2019, 100 million ounces of silver was used to construct PV cells worldwide, though business intelligence company CRU Group predicted that to be the peak for silver demand in PV panels.”

Furthermore, Forbes also reported that some analysts that some analysts are calling for a $50 per troy ounce price target this year. “It seems likely we’ll see consistent price growth over the next three to four years as the policy environment favors silver.”

Finally, Forbes notes how precious metals within the platinum group, including rhodium, ruthenium, osmium, iridium, palladium, and platinum, “are chemically diverse and traditionally represent more volatility than their white and yellow counterparts.  Industry analysts believe that industrial demand for platinum groups is high and showing no signs of slowing down.  Experts suspect an oversupply of platinum — to the tune of up to 670,000 ounces — is expected to keep the price of palladium significantly higher than platinum in 2021.”

All this bodes well for Moon Equity Holdings, a company that recently rebranded to reflect a revised business strategy. The company is now focused on investing in a well-diversified acquisition portfolio of income-generating businesses looking to produce long-term gains. Precious metals are a vital component of the company’s growing portfolio. Along with seeking to make an impact on technology, MONI is also focused on leveraging its diverse management team — including its all-female advisory board — to create unique solutions that appeal to a wide range of markets in an effort to enhance the customer experience, create a loyal following and generate repeat business.

For more information, visit the company’s website at www.MoonEquityHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to MONI are available in the company’s newsroom at https://ccw.fm/MONI

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrencyNewsWire is where News, content and information converge via Crypto.

For more information, please visit https://www.CryptoCurrencyWire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.CryptoCurrencyWire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

 

Share This Page

Archives

Select A Month

Official NewsWire Relationships

Anarchapulco Main Event Blockchain Africa Conference Blockchain Futurist Conference Blockchain Life Conference Blockchain Shift Coingenius Coinvention CryptoBlockConCryptoFest European Blockchain Convention EVOLV - evolve.events Finovate nftexpoverse The North American Bitcoin Conference Virtual Blockchain WeekThe Voice of Blockchain World Crypto Conference

CryptoCurrencyWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.994.9818