EVONIK INDUSTRIES NA O.N.
Commented by Fabian Lorenz on June 22nd, 2023 | 07:30 CEST
After Lanxess shock, now time to invest in gold? Barrick, Manuka Resources, Evonik
Now into gold shares? The recent profit warnings from the chemical sector should not be underestimated. After all, chemicals are an important early indicator of a possible recession. Lanxess recently shocked the stock market with a profit warning. Before that, the British specialty chemicals producer Croda, among others, had already issued a warning. Are BASF and Evonik the next spoilsports? Analysts are becoming increasingly sceptical, and share price targets are plummeting. A recession would catch many investors off guard. Therefore, gold shares are worth a look again. Heavyweight Barrick is ailing on the chart but remains a solid investment. Manuka Resources has an interesting story. Investors are in for an exciting few months.
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Commented by Stefan Feulner on April 23rd, 2021 | 07:32 CEST
Evonik, SKRR Exploration, AMS - Protect your money!
Yesterday, ECB chief Christine Lagarde appeared before the press to confirm the key interest rate of historic 0.0%. With the ultra-loose monetary policy, she follows US counterpart Jerome Powell, who wants to maintain this state until 2023. Inflation, which was already 2.6% in the United States in March, plays a subordinate role. At the same time, commodity prices are exploding at the moment. There is a threat of historic price increases with drastic consequences for the end consumer. Prepare yourself!
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