Together against "air gold" and raw material shortages: the "Noble problem solvers" in the media spotlight
While the horror stories from the automotive industry are currently piling up, we at the Noble Group are making sure that there is also good news: An article in Capital magazine showed how our mining project could help supply German carmakers with valuable magnetic metals via the commodities fund. And we were also able to score points in the media in the area of gold trading. Because: the rally is in full swing!
Magnet metals for the automotive industry
Our mining project in South Africa is becoming increasingly popular: we were able to present it during our recent visit to the Federal Chancellery(we reported), and there was also a report on it in the business magazine Capital, in which raw materials analyst Andreas Kroll had his say several times. This is because “our” mine could supply enough rare earths for the most important magnetic metals needed by the German and European automotive and supplier industry for a decade within 3 or 4 years. Andreas Kroll explains the deal: Europe would receive supply commitments in return for purchase agreements and financial support from the automotive industry.
Gold trend still intact
We are also on everyone’s lips when it comes to gold. At the round table hosted by the renowned finance magazine Cash., we were able to present the advantages of our secure product. Because even at its current peak, gold is by no means “out”. Interest rates are falling again and one crisis follows the next; in addition, momentous elections are coming up in the USA. The BRICS countries are moving away from the dollar, and there is simply no alternative to the No. 1 precious metal. In other words: the trend is intact. HOWEVER, it is also becoming essential for consumers and intermediaries to ask about the origin of the gold. Noble Gold answers this as follows: 100% conflict-free gold, 100% recycled gold!
Gold price could start with a three
The round-table participants largely agreed that the gold price in 2025 could easily start with a “three”. Andreas Kroll also expects interesting times for the precious metal.
The future of gold trading is transparency
All the more important, then, is buying gold correctly. People transfer money in good faith to a GmbH, and that GmbH should not remain unchecked. Finomet’s digital control of the use of funds prevents customers from buying “paper gold”—i.e., gold that does not actually exist. In addition, terms and conditions, buy and sell prices, and the cost structure should be transparent with a reputable gold dealer. Andreas Kroll explains why in this interview.
Quality and origin are becoming increasingly important
As described in the interview, the quality of the gold is also important. While we work with a renowned refinery, we are simultaneously expanding our supply-chain transparency. Once Finomet’s platform is able to trace every gold bar back to its origin, there will certainly be headlines and interviews about it again.