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[ Sat, Nov 30th 2024 ]: Bill Williamson
The big forex headache

Silver is the new gold for asset investment platform Goldie

The article from the New Zealand Herald discusses the launch of Goldie, a new investment platform in New Zealand that allows investors to buy and sell silver, marking a shift from traditional gold investments. Goldie, founded by former Xero executive Craig Walker, aims to democratize access to precious metals by offering fractional ownership of silver, which is seen as a more accessible and potentially lucrative alternative to gold due to its lower cost and industrial applications. The platform has already attracted significant interest, with over 1,000 investors and $1 million in investments within its first month. Silver's appeal lies in its use in technology, solar panels, and electric vehicles, alongside its traditional role as a safe-haven asset. Goldie's introduction comes at a time when investors are looking for alternatives to diversify their portfolios amidst economic uncertainties, with silver's price having surged due to increased demand and supply constraints.

Read the Full The New Zealand Herald Article at:
[ https://www.nzherald.co.nz/business/personal-finance/investment/silver-is-the-new-gold-for-asset-investment-platform-goldie/3J7ZIWKIWBHGRBJAX5CZGE2UT4/ ]