If the gold price doubles in the next two or three years, it would be good to take advantage of the best opportunities to enter now.
If the gold price breaks out, and that may very well happen, it would probably rise more than the change in the CPI would suggest at first glance. New all-time highs are then pre-programmed. The CPI reflects the average price development for all services and goods consumed by private households. Thus, the CPI indicates the depreciation of money. The change from a previous period is also called inflation. The best indicator for gold stocks is gold versus the inflation-adjusted gold price. This would then be the true gold price.
Gold mining companies follow the gold price in value. In the short term, the real gold price (as opposed to the nominal gold price) is decisive. Gold stocks, including junior gold stocks, have on average underperformed the gold price over the past ten years. This is because the real gold price has not been able to keep up with the gold price. If gold is in a bull market, then the real value also rises. This then drives up the prices of gold stocks. Gold stock indices then also go up. It is difficult to make gold price forecasts over the long term. Predictions are based primarily on long-term inflation expectations, the development of real interest rates and the strength or weakness of the U.S. dollar. Currently, many analysts are very positive and a few gold stocks in the portfolio can not hurt, such as OceanaGold or Calibre Mining.
OceanaGold - https://www.commodity-tv.com/ondemand/companies/profil/oceanagold-corp/ - is already producing successfully and owns mines in New Zealand, the USA and the Philippines.
Calibre Mining - https://www.commodity-tv.com/ondemand/companies/profil/calibre-mining-corp/ - is a mid-tier gold producer with properties in North and South America. The first quarter brought record production.
Current corporate information and press releases from Calibre Mining (- https://www.resource-capital.ch/en/companies/calibre-mining-corp/ -) and 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/
If the gold price breaks out, and that may very well happen, it would probably rise more than the change in the CPI would suggest at first glance. New all-time highs are then pre-programmed. The CPI reflects the average price development for all services and goods consumed by private households. Thus, the CPI indicates the depreciation of money. The change from a previous period is also called inflation. The best indicator for gold stocks is gold versus the inflation-adjusted gold price. This would then be the true gold price.
Gold mining companies follow the gold price in value. In the short term, the real gold price (as opposed to the nominal gold price) is decisive. Gold stocks, including junior gold stocks, have on average underperformed the gold price over the past ten years. This is because the real gold price has not been able to keep up with the gold price. If gold is in a bull market, then the real value also rises. This then drives up the prices of gold stocks. Gold stock indices then also go up. It is difficult to make gold price forecasts over the long term. Predictions are based primarily on long-term inflation expectations, the development of real interest rates and the strength or weakness of the U.S. dollar. Currently, many analysts are very positive and a few gold stocks in the portfolio can not hurt, such as OceanaGold or Calibre Mining.
OceanaGold - https://www.commodity-tv.com/ondemand/companies/profil/oceanagold-corp/ - is already producing successfully and owns mines in New Zealand, the USA and the Philippines.
Calibre Mining - https://www.commodity-tv.com/ondemand/companies/profil/calibre-mining-corp/ - is a mid-tier gold producer with properties in North and South America. The first quarter brought record production.
Current corporate information and press releases from Calibre Mining (- https://www.resource-capital.ch/en/companies/calibre-mining-corp/ -) and 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/
