Even though the gold price currently seems trapped in its price environment, gold should be on the watch list.
The Fed will probably stick to its monetary policy throughout the summer and raise interest rates again in July. But gold should remain an important part of asset protection. Just the past year has shown that it is important to own different assets. Economic activity in the U.S. has been fairly resilient despite the Fed’s tightening cycle. A severe recession does not appear to be on the horizon. Inflation in the U.S. is easing, and this is positive for gold prices. However, not everything is over yet, as rising interest rates are having an impact on the economy, and with delays. So, a hard landing cannot be ruled out, which in turn is in gold’s favor. And there are several factors that can drive the price of the precious metal. Just think of the demand for gold from central banks or old and new geopolitical upheavals.
The number of countries that want to protect themselves with gold reserves stored in their own countries is increasing. Storage is an important aspect that gold reserves can be frozen, as has been seen with Russia. It is no wonder that around 68 percent of central banks surveyed now store their gold in their own country. Three years ago, it was only 50 percent. About ten years ago, Germany also proclaimed the motto, bring the gold home. After all, the Bundesbank has the world’s second-largest gold hoard. After all, you want to be able to access the treasure in the event of a crisis. But gold is not only suitable as a physical investment for investors; the values of gold companies should also make up part of the portfolio.
For example, there is U.S. GoldMining – https://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ -, recently listed on the stock exchange, with its promising Whistler gold-copper project in Alaska. Commodity companies usually need financing for their development.
This is the business of Queen’s Road Capital Investment – https://www.commodity-tv.com/ondemand/companies/profil/queens-road-capital-investment-ltd/ -. The company invests in companies (precious metals, base metals, uranium), earns with securities and shareholders with convertible bonds. Also in this way, an investor can participate in the commodity market.
Current corporate information and press releases from U.S. GoldMining (- https://www.resource-capital.ch/en/companies/us-goldmining-inc/ -) and Queen’s Road Capital Investment (- https://www.resource-capital.ch/en/companies/queens-road-capital-investment-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
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