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A Golden Future: Visualizing the Economic Case for Gold

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The following content is sponsored by Kalo Gold.

gold as an investment

Visualizing the Economic Case for Gold

Throughout history, people have revered gold as a sign of wealth and a store of value. Today, gold is not only a precious metal but also a precious investment.

In fact, in 2020, 47% of global gold demand—the largest share—came from investors.

Today’s infographic from Kalo Gold outlines the economic case for gold and highlights some of the main reasons why investors are attracted to it.

Gold as an Investment: A Shield for All Financial Conditions

Gold can protect investors’ wealth during tough times while preserving capital for the long run. Investors add gold to their portfolios because it offers many investment benefits:

  • Effective diversification

    In a typical portfolio of stocks and bonds, gold’s historically low correlation with major asset classes and negative correlation with the U.S. dollar can reduce risk through diversification.

  • Hedge against inflation

    Gold is priced in U.S. dollars. Therefore, as the purchasing power of the dollar falls due to inflation, gold becomes more expensive to buy, acting as a hedge against the eroding value of the dollar.

  • Long-term returns

    Gold has always maintained its value in the long run. Between 2001 and 2020, gold’s annual return averaged 11.2%, outperforming other key asset classes including U.S. equities, bonds, and treasuries.

Additionally, gold’s low correlation with other assets allows it to outperform during recessionary periods, reducing the downside of stock market downturns. In fact, gold delivered positive returns during the recessions in 2001 and 2008 while the S&P 500 went negative.

Amid the economic turbulence of 2020, investors turned to gold once again, with record-high inflows in gold ETFs. And in turn, gold generated a 25% annual return.

Gold: Precious Today, Tomorrow, and Forever

With rapidly rising money supply and near-zero interest rates in response to the COVID-19 recession, the world is entering an era of quantitative easing, and possibly, higher inflation.

This could create the perfect storm for gold, for three key reasons:

  1. Gold has historically performed well during periods of high inflation (greater than 3%), delivering an average annual return of 15.4%.
  2. The price of gold has historically tracked the growth in the global stock of M2 money supply.
  3. Low interest rates reduce the opportunity cost of gold holding gold. Therefore, gold often outperforms when real interest rates fall.

The economic case for gold is built on its ability to protect investors in downturns and volatile times while preserving wealth for the long term.

Gold does not rust—it will always hold its value, as a precious metal and a precious investment.

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7 Ways Artificial Intelligence is Improving Healthcare

Aritifical Intelligence becoming increasingly more prevalent in healthcare. Here are 7 ways this growth might impact the industry as a whole.

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7 Ways Artificial Intelligence is Improving Healthcare

Emerging technologies have the potential to completely reshape the healthcare industry and the way people manage their health. In fact, tech innovation in healthcare and the use of artificial intelligence (AI) could provide more convenient, personalized care for patients.

It could also create substantially more value for the industry as a whole—up to $410 billion per year by 2025.

This graphic by RYAH MedTech explores the ways that technology, and more specifically AI, is transforming healthcare.

How is Technology Disrupting the Patient Experience?

Tech innovation is emerging across a wide range of medical applications.

Because of this, AI has the potential to impact every step of a patient’s journey—from early detection, to rehabilitation, and even follow-up appointments.

Here’s a look at each step in the patient journey, and how AI is expected to transform it:

1. Prevention

Wearables and apps track vast amounts of personal data, so in the future, AI could use that information to make health recommendations for patients. For example, AI could track the glucose levels of patients with diabetes to provide personalized, real-time health advice.

2. Early Detection

Devices like smartwatches, biosensors, and fitness trackers can monitor things like heart rate and respiratory patterns. Because of this, health apps could notify users of any abnormalities before conditions become critical.

Wearables could also have a huge impact on fall prevention among seniors. AI-enabled accelerometer bracelets and smart belts could detect early warning signs, such as low grip strength, hydration levels, and muscle mass.

3. Doctors Visits

A variety of smart devices have the potential to provide support for healthcare workers. For instance, voice technology could help transcribe clinical data, which would mean less administrative work for healthcare workers, giving them more time to focus on patient care.

Virtual assistants are expected to take off in the next decade. In fact, the healthcare virtual assistant market is projected to reach USD $2.8 billion by 2027, at a CAGR of 27%.

4. Test Results

Traditionally, test results are analyzed manually, but AI has the potential to automate this process through pattern recognition. This would have a significant impact on infection testing.

5. Surgery / Hospital Visits

Research indicates that the use of robotics in surgery can save lives. In fact, one study found that robot assisted kidney surgeries saw a 52% increase in success rate.

Robotics can also support healthcare workers with repetitive tasks, such as restocking supplies, disinfecting patient rooms, and transporting medical equipment, which gives healthcare workers more time with their patients.

6. Rehabilitation

Personalized apps have significant care management potential. On the patient level, AI-enabled apps could be specifically tailored to individuals to track progress or adjust treatment plans based on real-time patient feedback.

On an industry level, data generated from users may have the potential to reduce costs on research and development, and improve the accuracy of clinical trials.

7. Follow-ups and Remote Monitoring

Virtual nurse apps can help patients stay accountable by consistently monitoring their own progress. This empowers patients by putting the control in their own hands.

This shift in power is already happening—for instance, a recent survey by Deloitte found that more than a third of respondents are willing to use at-home diagnostics, and more than half are comfortable telling their doctor when they disagree with them.

It’s All About the Experience

Through the use of wearables, smart devices, and personalized apps, patients are becoming increasingly more connected, and therefore less dependent on traditional healthcare.

However, as virtual care becomes more common, healthcare workers need to maintain a high quality of care. To do this, virtual training for physicians is critical, along with user-friendly platforms and intentionally designed apps to provide a seamless user experience.

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Antimony: A Mineral with a Critical Role in the Green Future

Despite its lack of fanfare, antimony is a critical mineral that plays an important role in the mass storage of renewable energy.

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Critical Mineral Antimony

Antimony: A Mineral with a Critical Role in the Green Future

If someone asked you to name the first mineral that came to mind, odds are, it wouldn’t be antimony.

Yet, despite its lack of fanfare, it plays a significant role in our day-to-day lives. This graphic from Perpetua Resources provides an overview of antimony’s key uses, and the critical role it plays in the movement towards clean energy, among other uses.

What even is Antimony?

Antimony is an element found in the earth’s crust. Rarely found in its native metallic form, it is primarily extracted from the sulfide mineral stibnite.

It has a variety of uses and is found in everything from household items to military-grade equipment. Because it conducts heat poorly, it’s used as a flame retardant in industrial uniforms, equipment, and even children’s clothing.

End Use% of antimony consumption in the U.S.
Flame retardant35%
Transportation and batteries29%
Chemicals16%
Ceramics and glass12%
Other8%

Its second most common use, according to USGS, is in transportation and batteries. Traditionally, antimony has been combined with lead to create a strong, corrosion-resistant metal alloy, which is particularly useful in lead-acid batteries.

However, recent innovation has found a new use for antimony—it now plays an essential role in large-scale renewable energy storage, which is critical to the clean energy movement.

Antimony’s Role in Clean Energy

Large-scale renewable energy storage has been a massive hurdle for the clean energy transition because it’s hard to consistently generate renewable power. For instance, wind and solar farms might have a surplus of energy on windy or sunny days, but can fall short when the weather isn’t sunny, or when the wind stops.

Because of this, mass storage of renewable energy is key, in order to transition from fossil fuels to clean energy. Recent research points to liquid metal batteries as a potential storage solution—and these batteries heavily rely on antimony.

But there’s a finite supply, and with China currently dominating antimony production and processing, the U.S. could be at the mercy of its economic rival.

CountryProduction in 2020 (tons)Reserves (tons)
China80,000480,000
Russia30,000350,000
Tajikistan28,00050,000
Bolivia3,000310,000
Turkey2,000100,000
Australia2,000140,000
United States---60,000

In 2020, there was no domestically mined production of antimony in America—meaning the U.S. relied on other countries, primarily China, for its antimony supply.

In the past, China has imposed restrictions on the exports of antimony-based products to the U.S., which reduced availability and increased prices. Because of this, antimony was identified as one of the 35 minerals that are critical to U.S. national security.

Tapping into Domestic Supply

To decrease foreign dependence, the U.S. could tap into domestic resources of antimony and build up its local supply chain.

The only major antimony deposit in North America is located in the Stibnite-Yellow Pine Mining District of central Idaho. This site is the largest reserve in the nation and is expected to supply roughly 35% of U.S. antimony demand on average for the first six years of production.

Domestic production would not only allow the U.S. to reduce its import reliance, but it would also create jobs, providing economic support for the local community.

In the near future, antimony demand could soar as a result of its critical role in clean energy storage—and domestic production via the Stibnite-Yellow Pine Mining district could play a key role in meeting this rising demand.

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