Close menu




January 26th, 2023 | 20:07 CET

Gold and war - rethink now! Barrick Gold, Globex Mining, Rheinmetall

  • Mining
  • Gold
  • Commodities
  • armaments
  • Growth
Photo credits: pixabay.com

Gold is shining again. The weaker dollar and the existing geopolitical risks are boosting the precious metal. But how should investors invest? What opportunities are there off the beaten track? And: Given the crises, does gold have to be in the portfolio? We highlight three hot stocks and provide insights and outlooks on the gold price and the overall geopolitical situation.

time to read: 3 minutes | Author: Nico Popp
ISIN: BARRICK GOLD CORP. | CA0679011084 , GLOBEX MINING ENTPRS INC. | CA3799005093 , RHEINMETALL AG | DE0007030009

Table of contents:


    Barrick Gold: Hope with problems

    It does not always have to be physical gold: Compared to coins and bars, gold stocks are convenient to trade and also offer the chance that they anticipate future developments in the gold price. What is more, positive developments at the corporate level can provide additional leverage to returns. Those who bet on gold stocks usually think first and foremost of shares such as Barrick Gold. The Company is one of the largest gold producers in the world. At the same time, it is trying to expand its exposure around copper and thus position itself more broadly. In the past, Barrick Gold generated rich cash flows during positive months for the gold price and let these income streams also benefit shareholders, for example, in the form of dividends or share buybacks.

    Not all that glitters is gold - the market has cost concerns around Barrick's Reko Diq giga project Source: Barrick Gold

    But this was not enough for the market - growth and new investments were loudly demanded. With the giant Pakistani project Reko Diq, which is to produce gold from 2028, Barrick Gold finally wants to get back on the growth path. Within the first five years of production, an average of 280,000t of gold is to be unearthed annually. But growth is not without risk: as current company figures show, costs are also rising for Barrick Gold. However, the research portal researchanalyst.com sees this cost pressure abating and believes the overall operating picture around Barrick can brighten. At the current level, the experts believe there could be long-term potential.

    Globex Mining: More than 200 projects in one share

    The share of Globex Mining is also full of potential - in the truest sense of the word. The commodity conglomerate stands for more than 200 promising projects. Although most are early-stage properties, Globex has projects in its portfolio for which feasibility studies already exist. Globex's goal is clear. To gradually develop and advance projects. As supporters, Globex Mining often relies on joint venture partners. They invest and take over the operational work; in return, Globex receives stakes in the event of success. For years, experienced commodity investors had Globex Mining on their radar, but the stock suffered from the typical problems of conglomerates: No project stood out, and the Company's value and, above all, its prospects were difficult to communicate to the market.

    With commodity prices picking up, things look different now. Especially the gold hype attracts investors. Globex Mining has numerous projects that are suitable for the gold miners of tomorrow. In addition, the strategic direction of focusing only on North America is becoming an advantage right now. Uncertain jurisdictions are hardly in demand anymore in a world full of geopolitical tensions - Canada and the US have an advantage. Globex Mining, with a market capitalization of around CAD 50 million, is a flawless small-cap and thus also fraught with risk. However, the share price development since the turn of the year indicates that momentum is picking up. What has held back Globex's share price for years could now boost it. The reservoir of promising projects is huge, and the individual parts will likely be worth more than the big picture. The stock is worth considering for speculative investors.

    Rheinmetall: Territorial gains for the stock?

    Investors who buy Rheinmetall must also be speculative. Although weapons are booming in the current times, the Rheinmetall share has already risen sharply. The research portal researchanalyst.com recently took a detailed look at the Company. Given the global situation surrounding the war in Ukraine and the ailing supply situation of the German Armed Forces, it sees potential for the German arms company. From a chart perspective, the starting position also looks positive. Rheinmetall could end up in the DAX, which should attract further attention to the stock.


    Investors looking for crisis investments should not pin everything on the war in Ukraine. Although the general conditions for stocks like Rheinmetall are rosy right now, there are other trouble spots around the world. Investments in commodities, especially gold, are still a good idea in order to spread the risk in the portfolio. While Barrick suffers from rising costs, project collectors such as Globex Mining largely ignore this factor. In addition, the gold bull market has yet to really take off for small stocks. Those with experience with this form of investing can look into corresponding values.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    Nico Popp

    At home in Southern Germany, the passionate stock exchange expert has been accompanying the capital markets for about twenty years. With a soft spot for smaller companies, he is constantly on the lookout for exciting investment stories.

    About the author



    Related comments:

    Commented by Stefan Feulner on March 3rd, 2026 | 07:25 CET

    Desert Gold Ventures – Hidden Gem in the Gold Supercycle

    • Mining
    • Gold
    • Commodities
    • Investments
    • Africa

    Gold has made an impressive comeback in recent quarters. Escalating geopolitical conflicts, fragile supply chains, continued high global government debt, and expansive fiscal programs in the US and Europe are fueling doubts about the long-term stability of paper currencies. Central banks are expanding their gold reserves, and institutional investors are increasing their strategic allocations. The price is trading close to historic highs, and this is precisely where a decisive lever comes into play. The higher the price level, the greater the profitability of new projects. Margins are expanding disproportionately, payback periods are shortening, and internal rates of return are skyrocketing. Developers with advanced projects, such as Desert Gold Ventures, are thus increasingly becoming the focus of the capital market.

    Read

    Commented by André Will-Laudien on March 3rd, 2026 | 07:20 CET

    The arms build-up accelerates – Iran, Israel, and the US escalate! Critical metals remain in focus with Almonty, Thales, and Hensoldt

    • Mining
    • Tungsten
    • Defense
    • armaments
    • geopolitics
    • war

    US President Donald Trump has made the nuclear debate with Iran a top priority. After years of living with what it views as a significant threat from the Iranian regime, Israel is now aligning its strategic interests more closely with Western partners. Discussions increasingly revolve around containing Iran's influence and limiting its military capabilities. Whether this will be so easy is doubtful, as the Revolutionary Guards have developed into a powerful force over the last 10 years, and Russia is also likely to appear on the horizon as a friend of the Iranians. For financial markets, this constellation implies renewed uncertainty and elevated volatility. Historically, such phases have tended to benefit defense and armaments companies. For marathon runner Almonty Industries, the environment appears particularly favorable: geopolitical tensions, rising tungsten prices, and governments under pressure to secure strategic raw materials are reinforcing the investment case. The momentum in defense and critical metals markets continues.

    Read

    Commented by Nico Popp on March 3rd, 2026 | 07:15 CET

    Silver as a crisis investment: Silver Viper, Fresnillo, and Pan American Silver offer strategic potential, but which stock is the best?

    • Mining
    • Silver
    • Gold
    • Commodities
    • geopolitics
    • Investments

    Silver supply has not been able to meet demand for some time now, and now chaos in the Middle East is adding to the problem. Military escalation in the region has triggered a chain of events that is shaking the foundations of global supply security. The direct conflict between the US, Israel, and Iran has long since spread to the entire region, highlighting the geopolitical vulnerability of international supply chains. With the launch of the "Epic Fury" military operation and Iran's subsequent attacks on tankers in the Strait of Hormuz, the risk of prolonged stagflation for the global economy is growing. In this volatile environment, precious metals are benefiting as a strategic asset class. While investors are increasingly turning to crisis investments, Mexico, in particular, is benefiting in the silver sector, offering a reliable environment thanks to its centuries-old mining tradition and geographical distance from the current trouble spots. We present exciting stocks and focus on the hidden gem Silver Viper.

    Read