DESERT GOLD VENTURES
Commented by Fabian Lorenz on March 23rd, 2023 | 08:00 CET
Gold to USD 3,000? Barrick Gold and Desert Gold profit. What is going on at Vonovia?
Will the price of gold rise to USD 3,000 per ounce before the end of the year? That is what investment professional Leigh Goehring thinks is possible. He is a managing director at Goehring & Rozencwajg, manages a commodity fund, among other things, and expects a "decade of inflation." If the forecast comes true, gold stocks will at least be an attractive portfolio addition. In addition to industry heavyweights like Barrick Gold, explorers can be worthwhile as leverage to the gold price. One such explorer is Desert Gold. The share of the Canadian company reacted yesterday with a price jump of over 10% to a project update. In contrast, the outlook for "concrete gold" remains challenging. Vonovia, for example, was once again downgraded by analysts despite the significant share price losses of recent months. At the same time, there are also positive comments.
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Commented by Stefan Feulner on March 15th, 2023 | 10:21 CET
Deutsche Bank, Desert Gold, Commerzbank - Back to the safe haven
The willingness of investors to take risks increased in recent months despite further interest rate fears and geopolitical uncertainties, but this was abruptly interrupted by the surprising bankruptcy of Silicon Valley Bank. While some banking and financial stocks were dragged down by double digits, the precious metals gold and silver, as well as the cryptocurrencies, celebrated a comeback after a correction lasting several weeks. The next upward wave may have begun, especially in the precious yellow metal, with the climbing of new highs.
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Commented by Nico Popp on March 8th, 2023 | 16:27 CET
Banks have a problem: Commerzbank, Deutsche Bank, Desert Gold
Bank shares have done well in recent months - the turnaround in interest rates has been good for many institutions. In the meantime, more and more analysts are giving banks the thumbs up. But what if currencies like the euro or the dollar lose influence? We shed light on secret trends emanating from Asian central banks, which at least argue for not investing all funds in traditional currencies.
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Commented by André Will-Laudien on February 24th, 2023 | 15:51 CET
Rising interest rates, rising margins: Steinhoff, Desert Gold, Deutsche Bank and Commerzbank - Watch closely!
In the coming weeks, the moment of truth will strike for the national central banks of the eurozone because 20 years of money printing is taking its toll in the form of billions in losses. The respective state coffers will not only miss out on dividend payments but could even need capital injections. Bloomberg points to this development. The Swiss National Bank already made a start in February with a record write-down of 132 billion francs. The markets are now eagerly looking to the ECB and the US Fed. Incidentally, the taxpayer is liable for the central bank's balance sheet imbalances. If the write-downs on the bond holdings due to the quantitative easing of recent years exceed the equity capital, the member states are threatened with payment obligations. It would be a surprise if gold did not react positively to such news.
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Commented by Armin Schulz on February 15th, 2023 | 12:07 CET
Barrick Gold, Desert Gold, Endeavour Mining - Is the gold price getting wings?
On Valentine's Day, all eyes were on the US inflation rate for January. The inflation rate in the US was 6.4%, 0.1% better than in December. However, analysts had expected only 6.2%. That is because gold is sensitive to interest rates. This scenario was well observed last year when the gold price was pushed down as interest rates rose. Now, with signs of a decline in inflation, the gold price was able to rise to almost USD 1,960 by the beginning of February. It remains to be seen how the FED will react to the new numbers. We look at three gold companies today.
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Commented by Nico Popp on February 9th, 2023 | 19:47 CET
Banks and their risky gold bets: Credit Suisse, PayPal, Desert Gold
Credit Suisse will publish its quarterly figures on Wednesday, February 15, and answer analysts' questions. The market is looking very closely at the details of the crisis bank, which is in trouble because of the bankruptcy of Greensill Bank and the implosion of a hedge fund in 2021. Now stress is also looming around Credit Suisse's gold exposure. Reason enough to raise awareness of risks and highlight opportunities!
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Commented by Fabian Lorenz on January 25th, 2023 | 13:54 CET
Bayer shares soon to reach triple digits? Barrick Gold and Desert Gold praised by analysts
Will Bayer be broken up, or will triple-digit share prices beckon? According to media reports, more and more investors are calling for the former. Most recently, Bluebell Capital Partners. According to the Bloomberg news agency, the British investor is calling on the DAX-listed Company to separate its Crop Science and Pharmaceuticals divisions. This could lead to a 70% increase in value for shareholders. Analysts also see considerable share price potential and believe that triple-digit prices are possible. Gold is also shining again. However, this has yet to be realized by exploration companies in particular. Experts see the chance of a revaluation at Desert Gold, for example - through takeover fantasy and drilling results. Besides B2Gold, Barrick Gold also comes into question as a buyer. The industry leader is also recommended as a buy, despite weakening Q4 results.
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Commented by Armin Schulz on January 11th, 2023 | 13:03 CET
Barrick Gold, Desert Gold, Newmont - Gold shares on the rise
Gold and gold mining stocks are in demand again, and the chances are good that the trend will continue. The US dollar was solid last year, weakening demand for the yellow metal, but recently the currency lost value. In addition, there are signs of an easing of the FED's interest rate policy, as inflation in the US has already fallen significantly to 7.1%. Central banks are buying gold in large quantities, which also positively impacts the gold price. The bottom line is that the outlook for gold is brightening considerably. Reason enough to take a closer look at three gold companies.
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Commented by Juliane Zielonka on January 3rd, 2023 | 08:38 CET
Desert Gold Ventures, Amazon, Volkswagen - Commodities in hot demand, while big tech and Automotive in a nosedive
The new stock market year is starting with a strong pole position for commodities and companies like Desert Gold Ventures, which is looking for gold in Mali. Mali is the third-largest gold-producing country in the world. Desert Gold Ventures' 'SMSZ Project' already surrounds 6 active gold mines, and drilling for 2023 is secured. Things remain shaky for big tech companies like Amazon and automotive like Volkswagen. Can the past Christmas sales bring Amazon's once largest pillar back into the black? Will the Wolfsburg-based company recapture its market power through restructuring in procurement?
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Commented by Stefan Feulner on December 22nd, 2022 | 11:21 CET
Barrick Gold, Desert Gold, Iamgold - Takeovers on the rise
The record year 2020, with highs of over USD 2,070 per troy ounce at the base price, filled the coffers of the large gold producers. Due to the correction that has been going on for 2 years, smaller and mid-sized mining companies lost more than 80% of their value, making them attractive takeover targets at a cheaper level. Recently, there has been an increase in acquisitions, which are likely to increase further in the coming months. A particularly high level of activity can be observed on the African continent at the moment, as the latest example shows.
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