Mostly very well financed, especially the junior gold companies that have promising projects should have the best chance of success. The high gold prices resulted in increased financing activity in the mining sector in 2020. A new bull market could now begin for junior gold and silver companies.
Monetary and fiscal policy is still difficult to predict, low or negative interest rates will remain for a long time and thus support the gold price. How quickly the slump in the jewelry industry will pass and when the central banks will buy more gold again is not known. Therefore, some analysts also expect a certain volatility in the price of the precious metal. Many think that these possibly negative factors will certainly be more than offset by investor demand. For ETFs are expected to be as strong in demand in the new year as in 2020. Expectations are also mostly positive for the demand for physical gold.
For example, the head of the Fed, Jerome Powell, pointed out the difficult months ahead of the world because of the current corona situation. Further measures to support the economy are to be expected and thus give the gold price a tailwind.
So what could be more natural than to deal with the gold companies. There is once OceanaGold – https://www.youtube.com/watch?v=QCxsGLUVZc8 -, an already medium-sized gold producer. The projects are located in the Philippines, New Zealand and the USA. At the Haile gold mine in the US, development of the underground mine, which contains high-grade ore, will start in the second half of 2021.
Also at Trillium Gold Mines – https://www.youtube.com/watch?v=94HwzNTmbtw&t=203s -, active in British Columbia, things are moving forward. The main project, the Newman Todd Gold Project, is in the Red Lake area. With a drilling permit for its southwestern part, exploration continues at full speed.
Current company information and press releases from OceanaGold (- https://www.resource-capital.ch/de/unternehmen/oceanagold-corp/ -) and Trillium Gold Mines (- https://www.resource-capital.ch/de/unternehmen/trillium-gold-mines-inc/ -).
In accordance with Section 34 of the WpHG, I would like to point out that partners, authors and employees can hold shares in the companies addressed and that there is thus 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 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 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 Personal-Financial.com AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/
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.