May 4th, 2021 | 06:59 CEST
NIO, Goldseek Resources, VISA - Sell in May...and buy Gold and Bitcoin!
Stock markets are up, along with global sovereign debt levels at historic highs. The central banks, which should take preventive action against rampant inflation, currently see no threat and continue printing money. Now comes the historically worst stock market month of the year. What to do? There are two alternatives to protect against inflation and capital loss: Put at least a small portion of your assets in cryptocurrencies like Bitcoin or Etherum. And a more significant portion in the crisis metal gold.
time to read: 3 minutes | Author: Stefan Feulner
ISIN: US62914V1061 , CA38150J1066 , US92826C8394
Table of contents:
Author
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.
Tag cloud
Shares cloud
Goldseek Resources - At the center of the big ones!
Gold is becoming more and more attractive due to the fundamental conditions. Inflation is rising due to the excessively expanding money supply, driven by increasingly large bailout packages. The shortage of raw materials and thus further increasing consumer prices do the rest. An investment in physical gold or currently "still" very favorably valued gold mining shares is the only alternative in the long term to counteract this devaluation of money.
The still young Canadian gold mining Company Goldseek Resources has put together a more than impressive portfolio. The management is acquiring properties in mining-friendly areas, exclusively in the provinces of Ontario and Quebec, located in the vicinity of larger gold producers. The goal of the experienced management is to search the purchased land for gold, carry out test drilling and thus make the projects even more interesting for a takeover - ideally by the neighboring gold producer. For example, the Hemlo camp in Ontario is a full 4km from the Hemlo mine operated by Barrick Gold. The other 4 projects currently underway are also surrounded by first-class neighbors. The Detour Gold Trend is drilled next to Wallbridge Mining, and Urban Barry is drilled next to Osisko Mining and Bonterra Resources. Osisko Mining also has a mine next to the Quevillon project.
It should be emphasized that drilling programs are currently underway at all 5 sites and are fully funded for the entire year. Goldseek Resources could already report on two positive pieces of news in the past weeks. The Company said that they identified 4 new target zones in its recently acquired Val-d'Or Nord concession area. According to CEO John Deluce, after these first promising results, the Company is anxious to start drilling in the summer. Furthermore, a fifth target zone has been identified within the Horizon project on the southern boundary of the concession area. This zone extends partially to Barrick Gold's Hemlo property.
We expect the positive news flow to continue throughout the year. Currently, Goldseek Resources is valued at only CAD 7.0 million. If a major picks it up, the low prices will be a thing of the past.
VISA - "Bitcoin is digital gold"
The leading cryptocurrency Bitcoin, had to catch its breath briefly in recent weeks to make another attempt at a new all-time high. Currently, money continues to flow into the crypto market, so higher quotes should only be a matter of time. Many, especially the younger set, see cryptos as the "currency of the future." Even veteran investors like Warren Buffett are unlikely to dissuade them from their opinion. Buffett and his congenial partner Charlie Munger recently called bitcoin "rat poison squared" and consider it a speculative bubble that will inevitably lead to a nasty end.
The credit card provider VISA sees it differently than the Berkshire Hathaway makers. Like PayPal recently, VISA wants to give customers and merchants access to cryptocurrencies. The Company's CEO believes cryptocurrencies will become mainstream in the near future. Thus, he wants to enable the purchase and sale of bitcoin with VISA. In addition, the Company is working with partners so that Bitcoin can be converted into a fiat currency. By doing so, the US wants to enable any of the 70 million merchants to accept Bitcoin as a payment method. The news about the installation of the future currency was well received by investors. As a result, the price rose to a new all-time high of USD 233.70. It has now almost tripled since 2017.
NIO - Chip shortage hits hard
The delivery figures for April 2021 are causing disillusionment at the Chinese electric car manufacturer NIO. The Company reported a further drop in sales compared to the previous month, the second one this year. Compared to the same period of last year, however, there was still a plus of a whopping 125.1%. The 2% decline compared to the previous month is the currently prevailing chip shortage and the supply of batteries, which in some cases has led to delays or even production stops.
The Company also expects difficult conditions for the remaining months due to the shortage. Therefore, NIO plans to reduce production capacity from 10,000 units previously to 7,500 vehicles per month in the second quarter of 2021. Chart-wise, the stock is currently forming a bottom in the USD 40 area. Breaking above the resistance at USD 43.13 would significantly brighten the chart picture.
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 in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.
Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.
Risk notice
Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.
The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.
The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.
