.
Commodity prices are still suffering from a strong US dollar and rising bond yields.
In the longer term, however, gold, silver and copper are likely to be among the winners on the commodities market. This is the view of abrdn, a British asset management company, for example. The reason given is growing supply inequality. Since the Fed will have a hard time pushing inflation down to two percent, gold will remain an attractive investment. Central banks will continue to buy gold to diversify their assets more and maintain purchasing power.
And what is fueling inflation, he says, is particularly weak investment in basic materials production. The copper market, for example, is in surplus, which is a drag on the copper price for now. If the International Copper Study Group does not raise the copper surplus expected for next year, it can be concluded that the ICSG also expects copper demand to rise. This is because copper is likely to be in high demand on the road to climate neutrality, and thus there should also be higher copper prices again. It should also be borne in mind that the supply of metals such as nickel, lead, zinc and copper is still close to its lowest level in decades.
And it is precisely these metals that are needed for environmentally friendly technologies in the energy sector. There could well be supply bottlenecks here. For this reason, companies such as GoldMining and Torq Resources are increasingly attracting the attention of investors.
GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ - is active in North and South America and owns gold and gold-copper projects. The portfolio includes share packages of Gold Royalty, of NevGold and of U.S. GoldMining.
Torq Resources - https://www.commodity-tv.com/ondemand/companies/profil/torq-resources-inc/ - has promising holdings in Chile, copper and gold are the commodities.
Current corporate information and press releases from Gold Mining (- https://www.resource-capital.ch/en/companies/goldmining-inc/ -) and Torq Resources (- https://www.resource-capital.ch/en/companies/torq-resources-inc/ -).
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/
Commodity prices are still suffering from a strong US dollar and rising bond yields.
In the longer term, however, gold, silver and copper are likely to be among the winners on the commodities market. This is the view of abrdn, a British asset management company, for example. The reason given is growing supply inequality. Since the Fed will have a hard time pushing inflation down to two percent, gold will remain an attractive investment. Central banks will continue to buy gold to diversify their assets more and maintain purchasing power.
And what is fueling inflation, he says, is particularly weak investment in basic materials production. The copper market, for example, is in surplus, which is a drag on the copper price for now. If the International Copper Study Group does not raise the copper surplus expected for next year, it can be concluded that the ICSG also expects copper demand to rise. This is because copper is likely to be in high demand on the road to climate neutrality, and thus there should also be higher copper prices again. It should also be borne in mind that the supply of metals such as nickel, lead, zinc and copper is still close to its lowest level in decades.
And it is precisely these metals that are needed for environmentally friendly technologies in the energy sector. There could well be supply bottlenecks here. For this reason, companies such as GoldMining and Torq Resources are increasingly attracting the attention of investors.
GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ - is active in North and South America and owns gold and gold-copper projects. The portfolio includes share packages of Gold Royalty, of NevGold and of U.S. GoldMining.
Torq Resources - https://www.commodity-tv.com/ondemand/companies/profil/torq-resources-inc/ - has promising holdings in Chile, copper and gold are the commodities.
Current corporate information and press releases from Gold Mining (- https://www.resource-capital.ch/en/companies/goldmining-inc/ -) and Torq Resources (- https://www.resource-capital.ch/en/companies/torq-resources-inc/ -).
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/
