Recent Interviews

Lewis Black, CEO, Almonty Industries

Lewis Black
CEO | Almonty Industries
100 King Street West, M5X 1C7 Toronto (CAN)

+1 (647) 438-9766

Interview with mine operator Almonty Industries: "Tungsten makes e-cars better"

Nick Luksha, President, Prospect Ridge Resources

Nick Luksha
President | Prospect Ridge Resources
1288 West Cordova Street Suite 2807, V6C 3R3 Vancouver (CAN)

Interview Prospect Ridge Resources: These fillets taste good to the market

Dirk Graszt, CEO, Clean Logistics SE

Dirk Graszt
CEO | Clean Logistics SE
Trettaustr.32, 21107 Hamburg (DE)


Interview Clean Logistics: Hydrogen challenge to Daimler + Co.

04. November 2021 | 10:33 CET

BMW, Triumph Gold, Klöckner & Co - It is getting more and more expensive

  • Gold
Photo credits:

The inflation rate in the eurozone recently rose to 3.4%, the highest level since 2008. Everything is getting more expensive, but the situation is manageable for ECB President Christine Lagarde. Driven by special factors such as the high price of oil and gas and production bottlenecks, prices are skyrocketing. However, an interest rate hike to curb inflation is not on the agenda before 2023, she said. Meanwhile, many listed companies are delivering record figures, benefiting from commodity price increases.

time to read: 3 minutes by Stefan Feulner

Steve Cope, President, CEO and Director, Silver Viper
"[...] In our experience, the local communities are supportive and friendly. [...]" Steve Cope, President, CEO and Director, Silver Viper

Full interview



Stefan Feulner

The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
He is passionate about analyzing a wide variety of business models and investigating new trends.

About the author

Klöckner & Co - High dividend payout

After two years without a dividend, steel and metal trader Klöckner & Co. came around the corner with a dividend announcement of between EUR 0.90 and EUR 1.10, surprising the analyst community, who on average had expected a payout of EUR 0.66 per share certificate. Once again, the positive momentum of steel prices in the third quarter resulted in record earnings, the best operating profit since the IPO, and led to a sales growth of 59.3% to EUR 2.00 billion. The improving market environment pulverized EBITDA before major nonrecurring items from EUR 40.00 million after nine months of 2020 to EUR 277.00 million.

Apart from the favorable market environment, the positive effects of the restructuring measures from the Surtsey project were also among the reasons for the excellent result. For the full year 2021, the management team of Klöckner & Co. continues to expect EBITDA before major nonrecurring effects of around EUR 800 million. Following the figures, investment bank Warburg Research left its rating for Klöckner & Co at "buy" with a price target of EUR 15.50.

Triumph Gold - Best conditions

From a historical perspective, the general conditions that currently prevail are actually an advantage for an investment in gold - historically low-interest rates, unlimited bond-buying programs and central banks whose hands are tied due to the high national debts to significantly tighten the ultra-loose monetary policy. Nevertheless, the precious metal is still in correction mode. However, the long-term picture with gold as an inflation hedge continues to look positive, at the latest when the monetary guardians have to admit that the price increase will not only remain temporary but permanently at a high level. Therefore, an anticyclical build-up of positions in gold mine producers or exploration companies is a good idea at the moment.

Since last year's high, the Triumph Gold share has undergone a correction of over 60%. In the process, the Canadians are making good progress at their wholly-owned Freegold-Mountain core project in the mining-friendly Yukon. The property is equipped with world-class infrastructure and hosts three National Instrument 43-101 compliant mineral deposits, Nucleus, Revenue and Tinta Hill. In addition, the exploration company owns 100% of the Big Creek and Tad/Toro copper-gold properties near the Freegold Mountain project.

Back in September, Triumph Gold completed a ten-hole drill program totaling 6,615m of drilling. Results should be expected during November. A fully funded drill program totaling 8,000m is planned for the full year. The drilling will be carried out using the latest artificial intelligence technology. In doing so, the system identified as yet undetermined limits of mineralization and improved the technical understanding of the Nucleus and Revenue deposits.

The Company currently has a market capitalization of approximately EUR 21.5 million. In the past, exploration companies have outperformed the market with successful drilling results and a long-term increase in the gold price.

BMW - Forecasts exceeded

Car manufacturer BMW also posted strong figures, surprising investors and analysts alike despite the global semiconductor crisis. It posted a record profit of EUR 2.58 billion, up 42% on the same period last year. Although the Munich-based Company sold "only" 593,177 cars, almost 12% fewer than in July-September 2020, the semiconductors were installed in more expensive, more profitable models. Because of the lower supply, BMW had to give customers fewer discounts.

"We are on target for our full-year guidance and look ahead with confidence," Nicolas Peter said. "We expect semiconductor supply to keep us busy beyond 2021." For 2021 as a whole, BMW plans to achieve an EBIT margin in the automotive segment of 9.5% to 10.5% and "solid growth" in deliveries. Meanwhile, US analyst firm Bernstein Research spoke up and reiterated its "Outperform" rating with a price target of EUR 120.

Inflation is hitting end consumers and putting a strain on their wallets. Companies such as steel trader Klöckner & Co, on the other hand, are benefiting from rising prices. Sales of high-priced models also enabled BMW to report record results. Meanwhile, Triumph Gold is waiting for positive drilling results.


Stefan Feulner

The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
He is passionate about analyzing a wide variety of business models and investigating new trends.

About the author

Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.

Related comments:

26. November 2021 | 14:06 CET | by Carsten Mainitz

MAS Gold, K+S, Klöckner & Co. - For fans of real assets!

  • Gold

Inflation has certainly not yet reached its peak. The scenario of only a short phase of major losses in purchasing power - according to the position of the central banks - must be doubted anyway. Therefore, forward-looking investors should invest in tangible assets such as stocks, bonds or commodities. Anyone thinking of building up or expanding a commodities portfolio should take a closer look at the following stocks. Who is winning the race?


24. November 2021 | 13:05 CET | by Armin Schulz

Gazprom, Tembo Gold, Nvidia - Inflation and rare goods

  • Gold

Inflation has jumped not only in the USA but also in Germany. With an inflation rate of 4.5% in October, we now have the highest value in Germany in almost three decades. One driver of monetary devaluation is the cost of energy, which has become significantly more expensive, especially in the past year. While the oil price was still in negative territory at the beginning of the pandemic, it was recently quoted above USD 80. The chip shortage can be observed in the automotive industry, but graphics cards are also rare and are traded at a significant premium to the recommended retail price. Graphics cards are used for mining cryptocurrencies. It seems that bitcoin is increasingly becoming a value protection asset and competes with gold, the number one inflation protection.


22. November 2021 | 12:50 CET | by Nico Popp

Amazon, Desert Gold, Deutsche Telekom: First movers are rewarded

  • Gold

Is it Christmas again? History is currently repeating itself: incidences are rising, Austria is going into lockdown, and German investors are gearing up for a form of contemplation that no one had expected after the vaccination successes in the summer. But life with a home office and delivery services also has advantages for passionate investors: There is plenty of time to take care of one's finances. Investors can profit since the market does not yet attach much importance to the dangers of inflation and the major central banks' ignorance of inflation. We present three stocks for long home office days.