Penny Stocks To Watch

There are many penny stocks available on the stock market, but most of them will not likely amount to anything. In fact, penny stock trading is one of the most risky types of assets out there. Even though this is the case, you can neatly complement an investment portfolio with penny stocks provided you have a part of it set aside for more stable investments as well. A good market to watch for stable investments is the gold prices and precious metals market.

Investing in precious metals

If you are thinking about investing in precious metals such as gold and silver, there are a number of ways you can do this. You do not have to invest directly by purchasing the precious metals themselves, although many investors do this as well to make a complete investment portfolio. There are other ways to make the best of the currently increasing gold prices.

For instance, you can invest in mining companies. If gold is in high demand, then any company that is mining it is likely going to be around for a long time. By purchasing stocks in companies that mine precious metals such as gold and silver, you can guarantee that you will have a much more stable investment than penny stocks would afford you.

Technological and scientific applications of precious metals

Because precious metals, especially gold, have some very significant scientific properties, they are needed in quite large quantities by a number of industries. For instance, as gold is one of the densest metals while being highly malleable as well, it has constant applications in nuclear physics and the space program. Gold can be used to create metallic shielding that protects personnel from radiation, because it blocks most of the radioactive isotopes preventing exposure for workers in the industry. Astronauts who leave the earth’s protective atmosphere are susceptible to highly dangerous gamma rays coming from solar flares and coronal mass ejections and because of this spacecraft such as the space shuttle and the International Space Station are also shielded with gold as are the suits that they wear in space.

Space and science is also becoming more privatized with a number of corporations already becoming heavily invested in and making contracts for cargo and shipping to space. Just recently, Russia and the United States have been discussing colonizing the moon seriously and this type of endeavor will require vast amounts of precious metals as well for scientific applications.

Computing and telecommunications

Gold, silver and copper are also highly ductile, which means that if you invest in any companies that produce microprocessors that use these precious metals as components you are also likely to be making a good long term investment that will be highly stable for a long time. While gold prices seem to be increasing and this may mean that these companies will have higher overhead, because of the need for these technologies it is likely that any up and coming companies in this industry will issue penny stocks to watch.