In the meantime, the realization has probably taken hold that the Fed is not yet finished raising interest rates.
An interest rate hike of 25 basis points is generally expected for May. A possible rate cut is now not expected until the end of the year. Recently, when the banking crisis was making news, an interest rate cut was already priced in for the middle of the year. Therefore, it is now only a logical consequence that the value of an ounce of gold falls again below 2,000 U.S. dollars. Also, some investors may have had the idea to take profits. Gold offers protection and security, the central banks have recognized this, the figures prove. Because the inflation ghost is not yet defeated. In Great Britain, for example, the inflation rate has remained above ten percent for months. But inflation is not unique to that country; it is a global problem that seems to be persistent. It will therefore take some time before the Fed changes its monetary policy.
Should the gold price therefore weaken, investors should rather think of the very good long-term prospects for the precious metal. Gold is and remains a safe haven that is attractive and offers protection against inflation. And much of the world is in disarray, there are crises, war and this is a positive environment for the gold price. The current price correction in gold could soon be over. The chart technicians see a new buy signal when the price rises above 2,012 U.S. dollars per troy ounce of gold. Then a new all-time high would also be within reach again. A good investment for equity investors is therefore stocks of gold companies such as Trillium Gold Mines or Tudor Gold.
Trillium Gold Mines - https://www.commodity-tv.com/ondemand/companies/profil/trillium-gold-mines-inc/ - will form an association with Pacton Gold. This will bring 15 projects in the Red Lake mining district in Ontario under one roof. Both companies and also the shareholders will benefit from this.
Tudor Gold - https://www.commodity-tv.com/play/mining-newsflash-with-tudor-gold-vizsla-silver-and-trillium-gold-mines/ - is well positioned thanks to its Treaty Creek project in British Columbia. The 2023 exploration campaign is expected to start in May.
Latest corporate information and press releases from Trillium Gold Mines (- https://www.resource-capital.ch/en/companies/trillium-gold-mines-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/
An interest rate hike of 25 basis points is generally expected for May. A possible rate cut is now not expected until the end of the year. Recently, when the banking crisis was making news, an interest rate cut was already priced in for the middle of the year. Therefore, it is now only a logical consequence that the value of an ounce of gold falls again below 2,000 U.S. dollars. Also, some investors may have had the idea to take profits. Gold offers protection and security, the central banks have recognized this, the figures prove. Because the inflation ghost is not yet defeated. In Great Britain, for example, the inflation rate has remained above ten percent for months. But inflation is not unique to that country; it is a global problem that seems to be persistent. It will therefore take some time before the Fed changes its monetary policy.
Should the gold price therefore weaken, investors should rather think of the very good long-term prospects for the precious metal. Gold is and remains a safe haven that is attractive and offers protection against inflation. And much of the world is in disarray, there are crises, war and this is a positive environment for the gold price. The current price correction in gold could soon be over. The chart technicians see a new buy signal when the price rises above 2,012 U.S. dollars per troy ounce of gold. Then a new all-time high would also be within reach again. A good investment for equity investors is therefore stocks of gold companies such as Trillium Gold Mines or Tudor Gold.
Trillium Gold Mines - https://www.commodity-tv.com/ondemand/companies/profil/trillium-gold-mines-inc/ - will form an association with Pacton Gold. This will bring 15 projects in the Red Lake mining district in Ontario under one roof. Both companies and also the shareholders will benefit from this.
Tudor Gold - https://www.commodity-tv.com/play/mining-newsflash-with-tudor-gold-vizsla-silver-and-trillium-gold-mines/ - is well positioned thanks to its Treaty Creek project in British Columbia. The 2023 exploration campaign is expected to start in May.
Latest corporate information and press releases from Trillium Gold Mines (- https://www.resource-capital.ch/en/companies/trillium-gold-mines-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/
