The risk of crises and conflicts remains high. This should support the gold price in 2022.
High inflation rates and problems in the global economy are positive for the price development of the precious metal. The current geopolitical crisis between Russia and Ukraine is causing concern. The price forecasts of major banks and investment houses diverge strongly in some cases. For the first time in 2022, however, many see good opportunities for high gold prices, because the time around the turn of the year is always a good time for gold. The festival and wedding season in India and China has a causal effect. But how it will continue in the rest of the year, is seen differently. Forecasts range between 1,500 and 2,200 U.S. dollars per ounce of fine gold.
The central banks' interest rate and monetary policies have lasted for years now. Even with interest rate hikes, real interest rates will remain negative. There is also now a consensus that the specter of inflation is here to stay and is not a temporary phenomenon. After all, vast amounts of money were pumped into the economy against the acute pandemic. Whereas the loose monetary policy had already started in 2008 to counter the financial crisis. And in this time gold is in demand, the gold price could even briefly overcome the 1,900 mark. Should this magic mark be sustainably exceeded, perhaps even a new all-time high would be possible. Gold as a safe haven is also increasingly headed for the Chinese again, because according to the Swiss customs authority, about 70 tons of gold found their way to China in January. Such high gold exports could not be identified for five years. So, it is time to look at the mining companies that own the gold in the ground.
OceanaGold - https://www.youtube.com/watch?v=5wOeuqus6WY - has gold operations in New Zealand, the Philippines and the USA. Consolidated production of up to nearly 500,000 ounces of gold is expected in 2022.
Tarachi Gold - https://www.youtube.com/watch?v=mKhndWB3VVc - is active in Mexico, once at the Tarachi project in the Sierra Madre Gold Belt and at Durango (Magistral Mill and Tailings project).
Current corporate information and press releases from OceanaGold (- https://www.resource-capital.ch/en/companies/oceanagold-corp/ -).
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/
High inflation rates and problems in the global economy are positive for the price development of the precious metal. The current geopolitical crisis between Russia and Ukraine is causing concern. The price forecasts of major banks and investment houses diverge strongly in some cases. For the first time in 2022, however, many see good opportunities for high gold prices, because the time around the turn of the year is always a good time for gold. The festival and wedding season in India and China has a causal effect. But how it will continue in the rest of the year, is seen differently. Forecasts range between 1,500 and 2,200 U.S. dollars per ounce of fine gold.
The central banks' interest rate and monetary policies have lasted for years now. Even with interest rate hikes, real interest rates will remain negative. There is also now a consensus that the specter of inflation is here to stay and is not a temporary phenomenon. After all, vast amounts of money were pumped into the economy against the acute pandemic. Whereas the loose monetary policy had already started in 2008 to counter the financial crisis. And in this time gold is in demand, the gold price could even briefly overcome the 1,900 mark. Should this magic mark be sustainably exceeded, perhaps even a new all-time high would be possible. Gold as a safe haven is also increasingly headed for the Chinese again, because according to the Swiss customs authority, about 70 tons of gold found their way to China in January. Such high gold exports could not be identified for five years. So, it is time to look at the mining companies that own the gold in the ground.
OceanaGold - https://www.youtube.com/watch?v=5wOeuqus6WY - has gold operations in New Zealand, the Philippines and the USA. Consolidated production of up to nearly 500,000 ounces of gold is expected in 2022.
Tarachi Gold - https://www.youtube.com/watch?v=mKhndWB3VVc - is active in Mexico, once at the Tarachi project in the Sierra Madre Gold Belt and at Durango (Magistral Mill and Tailings project).
Current corporate information and press releases from OceanaGold (- https://www.resource-capital.ch/en/companies/oceanagold-corp/ -).
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/
