Gold
Commented by André Will-Laudien on October 26th, 2020 | 11:10 CET
Yamana, Glencore, Scottie Resources - Accurate analysis required!
Gold fluctuates with every political news item like never before. Let's take a quick look at the chart technique to understand the recent movements. After a three-part downtrend since August 2020, which pushed gold from a new record high of USD 2,074.00 to support at USD 1,850.00, a recovery began at this level in late September. It initially moved the gold price to the hurdle at USD 1,920.00 in early October. After a short, sharp correction, the gold price gained momentum once more, reaching the USD 1,935.00 resistance level. However, there was a further slide in the price on Friday, with the entire previous week's profit being equalized again with closing prices around USD 1,902.00. It will be exciting to see how gold performs in the election campaign for the US presidency. We are looking at some exciting gold stocks.
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Commented by André Will-Laudien on October 23rd, 2020 | 14:24 CEST
Agnico Eagle Mines, Kinross Gold, Newlox Gold: Gold in vogue again!
When markets are particularly volatile, as they were, investors often turn to precious metals because they promise stability and value retention. For hundreds of years, gold has been one of the most valuable metals for the protection of assets. Because of its intrinsic value, gold is generally less volatile than the market as a whole. In short, gold can be a useful way to cushion speculative turns on the stock market. So the Portfolio Theory!
The diversification of your own portfolio with precious metal investments is a favored trading method. Since March, the gold price has risen continuously until summer. At the beginning of August, the gold price reached a new all-time high of around USD 2,000 per ounce. A large number of commodity analysts, however, have stated that the value of gold still holds considerable surprises until 2025, making gold mines a perfect vehicle to profit from this trend.
Commented by André Will-Laudien on October 21st, 2020 | 11:45 CEST
Newmont, AngloGold Ashanti, Velocity Minerals - Gold runs bright
Physical gold inventories have increased steadily over the past decades and are currently at their highest levels. Namely because gold, unlike other raw materials, is practically indestructible and is not consumed except in small quantities in medicine or high-tech. As a result, the global amount of gold is continually increasing. The supposedly highest gold reserves are in the USA, where the government claims to have about 8,133 tons or 287 million ounces. Germany has the second-largest amount of gold reserves with 3,417 tons or 120 million ounces, followed by the International Monetary Fund with 3,217 tons (113 million ounces). The gold price has experienced a sharp increase in recent years. After exceeding the USD 1,000.00 per ounce mark for the first time in March 2008, it had already reached just over USD 2,000.00 per ounce by mid-2020. Investors can invest in the precious metal through derivatives, ETCs, mining stocks, or physical gold.
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Commented by André Will-Laudien on October 13th, 2020 | 13:34 CEST
Bayer, Barrick, Desert Gold: In Gold we trust!
The global economy moving at different speeds. In the USA, the ISM index for services is once again expanding slightly. In China, the mood in the service industry is once again pointing to a veritable recovery. In the eurozone, the economic sentiment examined by the analyst firm, Sentix, remains robust but without any new highs. Even with the rising infection rate, the pandemic will come to an end eventually. In Germany, economic data such as industrial orders, production, and exports, showed a slight slowdown in August. Nevertheless, the stock markets are swinging to new heights daily, as the latent threat from the infection necessitates further liquidity packages from governments. This monetary policy continues to imply very low-interest rates, a weakening USD, and rising inflation expectations. This environment should keep the demand for precious metals at least at a high level, so we remain on the lookout.
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Commented by Nico Popp on October 7th, 2020 | 11:45 CEST
Nornickel, Newcrest Mining, Triumph Gold: Which stock benefits from rising gold prices?
While the price of gold is slowly but surely picking up speed again, many investors are asking themselves with which share they will best profit, from rising precious metal prices. Many investors initially think of stocks such as Rio Tinto or BHP Billiton - but these companies are virtually not involved in the mining of precious metals. To profit from rising prices, investors must take a closer look. At first glance, Nornickel's stock seems to promise more of an investment in a producer of industrial metals. Still, the company also has many precious metals on offer - platinum and palladium account for more than 40% of the commodities produced. More critical are nickel and copper with a share of almost 50%. Gold and silver are only by-products.
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Commented by André Will-Laudien on October 2nd, 2020 | 10:45 CEST
SIEMENS, NEL, BLACKROCK GOLD: Gold before the next buying wave!
The US-Department of Labor did not have good news to share yesterday. Although the number of initial applications for benefits from the US unemployment insurance scheme decreased in the week ending September 26, seasonally adjusted, it still amounted to 837,000, which was then corrected upward to 873,000. Compared to the previous week, this is only 36,000 fewer than previously reported. 11.77 million people now receive unemployment benefits in the USA. The gold market has known for a while now of the huge hole in the public coffers, due to the economic slump of over 30%, created by the pandemic. The latest market correction is complete, and it is heading north again at rates of over USD 1,900.00.
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Commented by Mario Hose on September 24th, 2020 | 09:15 CEST
Barrick Gold, Blackrock Gold, Osino Resources: buy when weak?
The price of gold and silver has come under pressure in the past few days and so too has the price of the shares of the companies involved in the creation of value for precious metals. The fear of another lockdown in connection with the Corona pandemic seems to be worrying the markets. Against this backdrop the central banks and governments continue to support the economy with measures. The correction in precious metals may now be an opportunity to enter, because when the presses are running at full speed, the oldest currency in the world is usually a safe haven.
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Commented by Nico Popp on September 18th, 2020 | 09:00 CEST
BHP Group, Newcrest Mining, SolGold: Getting bogged down or putting all your eggs in one basket
When it comes to investing in commodity companies, the BHP Group is a household name. The British company is active worldwide, mining coal, iron ore, copper and other commodities and has long been considered a solid dividend earner. But recently the company has disappointed: Special effects put pressure on profits, unrest in Chile made life difficult for BHP and the Corona pandemic also left its mark: the bottom line at the end of the financial year at the end of June was a profit of no less than EUR 6.75 billion. While the mood among investors was not particularly good, BHP cut its dividend by around ten percent, thus spoiling shareholders’ sentiment even further. On a year-on-year basis, the share price fell by around 1.4%. In view of the good performance of copper following the outbreak of the pandemic, this is too little for many investors.
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Commented by Mario Hose on September 15th, 2020 | 11:00 CEST
B2Gold, Barrick Gold, Desert Gold: Did Warren Buffett bet on the right horse?
The price of gold has stabilized above the USD 1,900.00 per troy ounce mark in recent weeks. Against the background that the Corona Pandemic is not slowing down and that a second wave is becoming measurable in many places, the actions taken by governments and central banks are continuing cheerfully, thus ensuring further demand for the world's oldest currency. Those who want to protect their assets are probably best off buying shares in a gold company like Warren Buffett, and for those who can't decide, there is also a solution.
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Commented by Nico Popp on September 11th, 2020 | 10:50 CEST
Newcrest Mining, Barrick Gold, Blackrock Gold: Eat and be eaten
Major gold producers are shining with fundamental data. This increases the scope for important acquisitions. At the same time, young companies are attracting attention. Is a wave of takeovers following?
Gold has become a serious alternative for many investors. Even investment professionals, who until now have tended to focus on bonds, are now adding precious metals to their portfolios. Due to high liquidity and certain investment guidelines among professional investors, equities are also increasingly becoming the focus of attention. But not all shares are the same - investors should not blindly buy everything that has "gold" or "mining" in its name.
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