Markets

It’s not too late for gold

There is still time to get into gold investments. Because the precious metal is not yet too expensive.

This is the conclusion reached by the Bridgewater Associates LP hedge fund. The pressure on the highest ranks of politicians to continue printing money, the zero interest rates and the geopolitical upheavals will certainly be with us for some time to come. But the central banks cannot increase gold.

Hence, it can protect the portfolio. And many experts assume that the precious metal still has great upside potential. Since the beginning of the year, the gold price has appreciated by around 30 percent against the US dollar and against other currencies. But compared to previous gold price movements, this was still pretty modest. There have been three-digit rallies. In QE1 (quantitative easing, December 2008 to March 2010), i.e. the expansion of the money supply by central banks, the gold price increase was three-digit. Likewise with the QE2 (end of 2010). The aim of quantitative easing is to bring inflation closer to the target set by the central bank.

Many industry experts believe that the upward trend in the gold price is still in its infancy. You shouldn’t wait until gold becomes too expensive after all. Because then it could be too late to generate decent returns. And since gold is one of the very few assets that protects against currency depreciation, investors should familiarize themselves with investing in gold companies.

Revival gold – https://www.youtube.com/watch?v=c9RNjT0mcTY – Works on the Beartrack-Arnett Gold Project (Indicated Resource of 36.4 million tonnes at 1.16 grams of gold per tonne) in Idaho. An exploration and drilling program is currently running over 10,000 meters. A preliminary economic assessment is nearing completion for the first phase of a mining restart.

Ximen Mining – https://www.youtube.com/watch?v=zA8SiS2cMc8 – focuses on its precious metal properties in British Columbia and is one of the largest landowners there. The Gold Drop and Brett Gold projects are particularly in focus, as is the Treasure Mountain silver project.

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 involved 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 errors, 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 sites is jointly responsible (e.g. Hamburg Regional Court, in the judgment of May 12, 1998 – 312 O 85/98), as long as there is no express distancing. 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 Personal-Financial.com AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/

Note: PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section. PERSONAL-FINANCIAL.COM AG is not responsible for content that has been recognized by third parties in the “News” area of ​​this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” mark below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.

Tags

Related Articles

Back to top button
Close
Close