Joe Biden – Climate Policy – Precious Metals – Columns

With the Democrats winning the Georgia Senate runoff, Joe Biden’s climate action should be secured.

Now the new US President Joe Biden has the backing he needs to keep his climate protection promises from the election campaign. He plans to invest two trillion US dollars to drive the energy transition. Because CO2 neutrality is to be achieved by 2050. The use of fossil fuels should be reduced, wind and solar energy should be promoted, as should electromobility.

Back in 2011, when Barack Obama became President and the Democrats had control of the executive, a unique economic stimulus plan was put in place, which brought success to clean energy to light. Today, 15 states in the USA have already founded an initiative according to which public transport and heavy transport should do without fossil fuels. Precisely these are predestined areas of application for hydrogen vehicles.

The pioneering hydrogen technology needs platinum as an important raw material for the catalyst. Platinum and palladium are owned by Sibanye-Stillwater ( in the projects in the USA and South Africa.

Biden’s climate plans cost huge sums of money. The US is sitting on a huge mountain of debt, at the same time the central bank is printing fresh money, thus devaluing the money. As a result, gold is becoming more and more valuable because it cannot be increased so easily. In addition, there are the low interest rates that drive investors to gold. Thus the development can lead to even higher gold prices, which gold companies are happy about. Sibanye-Stillwater – – In addition to its platinum and palladium projects, it also has large gold projects.

Another well-positioned gold company is Bluestone Resources – – with its very high-grade Cerro Blanco gold project in Guatemala, which has so-called bonanza grades.

Current company information and press releases from Sibanye-Stillwater (- -) and Bluestone Resources (- -).

In accordance with Section 34 of the WpHG, I would like to point out that partners, authors and employees can hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of these messages applies.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be assumed for damage caused by using this blog. I would like to point out that stocks and especially warrant investments are generally associated with risk. The total loss of the capital employed cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of any content. Despite the greatest care, I expressly reserve the right to make an error, particularly with regard to figures and rates. The information it contains comes from sources that are believed to be reliable, but in no way claims to be correct or complete. Due to court judgments, the content of linked external pages is jointly responsible (e.g. Hamburg Regional Court, in the judgment of May 12, 1998 – 312 O 85/98), as long as no express distancing is made. Despite careful control of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource AG also applies:

PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section.
PERSONAL-FINANCIAL.COM AG is not responsible for content that is recognizable by third parties in the “News” area
This website has been discontinued and does not adopt it as its own. These contents are in particular through
a corresponding “from” mark below the article heading and / or through the link
“To read the full article, please click here.” responsible for
this content is solely the named third party.

Related Articles

Back to top button