Gold
Commented by Armin Schulz on September 27th, 2024 | 07:15 CEST
Barrick Gold, Desert Gold, Commerzbank – Falling interest rates drive the price of gold
Recently, the price of gold reached record highs as interest rates continue to fall worldwide. This economic trend reflects deeper uncertainties and adjustments in global fiscal policy. A record high in gold often indicates that investors seek refuge in supposedly safe investments in times of economic turmoil and rising inflation. At the same time, falling interest rates represent central banks' efforts to stimulate economic growth and encourage investment. This dynamic interaction between the gold price and interest rates raises many questions about the long-term economic prospects. Therefore, today, we are looking at two gold companies and will examine the interest-sensitive Commerzbank.
ReadCommented by Fabian Lorenz on September 24th, 2024 | 07:30 CEST
Boom in gold and travel: Barrick Gold CEO warns! TUI focuses on luxury! Globex Mining share with catch-up potential!
The gold price is receiving new momentum due to falling interest rates in the US. The takeover merry-go-round is also turning, but the Barrick Gold CEO is warning. Investors should keep an eye on developments in 2010. The Globex Mining share has a lot of catch-up potential. The business of the mining incubator is de-risked and around half of the projects are in the precious metals sector. Meanwhile, business is booming at TUI. Among other things, the Company plans to grow more strongly in the luxury segment. Nevertheless, investors and analysts do not seem convinced by the stock. Is this justified?
ReadCommented by Stefan Feulner on September 17th, 2024 | 07:30 CEST
FuelCell Energy, Globex Mining, K92 Mining – The latecomers are catching up
Once again, the price of gold has reached a new all-time high as the likelihood increases that the Federal Reserve will implement larger interest rate cuts this week. Experts anticipate a range of between 25 and 50 basis points. Although the base price is rushing from high to high, smaller gold producers and exploration companies are lagging in performance. However, if the uptrend continues, this gap should close quickly, as history has repeatedly shown.
ReadCommented by André Will-Laudien on September 11th, 2024 | 07:15 CEST
Caution: The next commodity rally boosts Globex but brings higher costs for VW, BMW, and BYD!
The price of copper exceeded the USD 9,000 mark again in September, and future prices remain stable above the USD 9,400 mark. This makes it clear to high-tech manufacturers and producers of alternative energies that the desired electrification will cause significantly higher costs than anticipated. Despite the global economic stagnation, commodity prices remain high. This is mainly due to the general increase in operating costs in mining operations. Energy, material, and personnel costs have seen the most significant increases in over 30 years since 2020. Major consumers of industrial metals, in particular, are now having to dig deeper into their pockets. For some, this is feasible, but for mass producers such as Volkswagen or BYD, this means increased pressure on margins. Where are the opportunities for investors?
ReadCommented by André Will-Laudien on September 10th, 2024 | 07:15 CEST
Warning: DAX and stock correction - Here come the Comeback stocks! TUI, ThyssenKrupp, Nucera, Desert Gold, and Lufthansa
The stock market gives and takes. After a sharp correction in July, there was a real buying frenzy in August. Surprisingly, however, the old crowd pullers did not reach new highs. Chart technicians interpret this as a dangerous double top with a subsequent sell trigger, which was already in place last week. So, while the major stocks continue to sell off day after day, the underperformers of recent months are starting to attract renewed attention. And if the rotation is successful, quick rebounds with decent returns are on the cards. We take a closer look at a few turnaround candidates.
ReadCommented by Juliane Zielonka on September 2nd, 2024 | 07:55 CEST
Globex Mining, Bayer, and Plug Power - Which company offers the best return with low risk?
Investors understand the interplay between risk and return. Which sectors offer high returns? The Canadian commodities company Globex Mining skillfully balances risk and return in the commodities sector with its diversified portfolio of over 200 commodities projects in North America and Europe. Its setup is akin to a mini-version of Berkshire Hathaway. Bayer AG is tapping into new growth opportunities in the pharmaceuticals sector with its Phase III study for a lung cancer drug. This is much needed as numerous patents are expiring. Plug Power, a pioneer in hydrogen technology is putting all its eggs in one basket - with the potential for huge profits but also considerable losses, as evidenced by the share price plunge from USD 70 in 2021 to currently below USD 3 shows. Which company offers the best return with low risk?
ReadCommented by Stefan Feulner on September 2nd, 2024 | 07:15 CEST
PayPal, Desert Gold Ventures, and Nel ASA facing decisive milestones
Despite fears of recession and increasing geopolitical tensions, Germany's leading index, the DAX, and the Dow Jones reached historic highs and generated fresh buy signals. The precious metal gold is also unstoppable and, after a brief breather, is once again targeting the USD 2,531 per ounce mark. The smaller gold producers and exploration companies, which have so far hardly been able to capitalize on the strong rise, should also benefit disproportionately from a longer bull run.
ReadCommented by Juliane Zielonka on August 30th, 2024 | 06:45 CEST
Desert Gold, Occidental Petroleum, Vonovia SE - Gold, oil, and real estate markets in focus
After a phase of stabilization above the USD 2,300 mark, the price of gold has managed to surpass its previous highs and reach a new record high. This upward trend is also reflected in the rising value of gold explorers like Desert Gold, as recent drilling in Mali, West Africa, has yielded promising results. Established commodity companies such as Occidental Petroleum, on the other hand, are reducing their high levels of debt, which have arisen through the acquisition of assets. The latest figures from real estate company Vonovia SE indicate an easing in the European real estate market, a trend also reflected by major online real estate platforms. The wait-and-see phase seems to be over for both buyers and sellers, with increases in inquiries for both property and financing. Rental housing remains a highly traded commodity. Where is an investment worthwhile? Three companies in focus.
ReadCommented by Fabian Lorenz on August 23rd, 2024 | 07:00 CEST
Share price jump and share buyback! Rheinmetall, Barrick Gold, Globex Mining
When will the consolidation of Rheinmetall shares end? After jumping to a new all-time high last week, the share price has gone into reverse gear this week. News from Germany and Poland is unsettling investors. What do analysts say? In contrast, Barrick Gold is doing well. Following convincing quarterly figures, the share is on the verge of breaking through a long-standing resistance level. Globex Mining is also benefiting from the gold boom. The mining incubator is impressing with a positive news flow. Can the share buyback program boost the share? Experts see an opportunity for outperformance.
ReadCommented by Stefan Feulner on August 19th, 2024 | 07:00 CEST
Alamos Gold, Prismo Metals, Hudbay Minerals - Gold breaks out, copper turns, act now!
After a brief pause, gold returned with a brilliant breakout and crossed the USD 2,500 per ounce mark for the first time. This new all-time high has generated a striking buy signal. The conditions, with further escalation in geopolitics, provide the best opportunities for continued price increases. Copper also sent out positive signals. Despite economic concerns, the industrial metal may have found a bottom after the correction of recent weeks.
Read