In a stagflationary environment, the gold price has responded with price increases in the past.
Rising interest rates and a strong U.S. dollar have prevented the gold price from rebounding recently, but the signs for 2023 are good that a turnaround will be seen at least in the second half of the year. There is a lot going on in the global economy as the fight against inflation is an aggressive one. This interplay between inflation and central bank intervention will affect gold prices in 2023, according to the World Gold Council. Weaker global economic growth and a possible, albeit perhaps brief, recession, at the same time falling inflation (but still high) will have an impact. From a historical perspective, such scenarios are positive for the development of the gold price. In addition, the U.S. dollar is likely to weaken, which also argues for gold price increases. If you look at history, a dollar peak led to a strong gold price after about twelve months.
If the important Chinese economic situation improves, then the demand for gold should also increase. Covid restrictions will be eased in the Middle Kingdom, so the economy will recover and that will be good for the gold price. And even if long-term bond yields remain high, this should not be a drag on the price of gold, at least not from a historical perspective. Even if it takes a few more months for the gold price to really take off, early investor positioning certainly can't hurt. Revival Gold or Osisko Gold Royalties would be a possibility here.
Revival Gold is reviving the Beartrack-Arnett gold project in Idaho. It used to be the largest producing gold mine in Idaho.
An investment in a royalty company like Osisko Gold Royalties - https://www.commodity-tv.com/play/zuri-invest-mining-panel-with-osisko-gold-royalties-victoria-gold-and-mag-silver/ - comes with diversification. This is ensured by more than 165 royalties and precious metal sales. The focus is on gold and copper.
Latest corporate information and press releases from Osisko Gold Roylties (- https://www.resource-capital.ch/en/companies/osisko-gold-royalties-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/
Rising interest rates and a strong U.S. dollar have prevented the gold price from rebounding recently, but the signs for 2023 are good that a turnaround will be seen at least in the second half of the year. There is a lot going on in the global economy as the fight against inflation is an aggressive one. This interplay between inflation and central bank intervention will affect gold prices in 2023, according to the World Gold Council. Weaker global economic growth and a possible, albeit perhaps brief, recession, at the same time falling inflation (but still high) will have an impact. From a historical perspective, such scenarios are positive for the development of the gold price. In addition, the U.S. dollar is likely to weaken, which also argues for gold price increases. If you look at history, a dollar peak led to a strong gold price after about twelve months.
If the important Chinese economic situation improves, then the demand for gold should also increase. Covid restrictions will be eased in the Middle Kingdom, so the economy will recover and that will be good for the gold price. And even if long-term bond yields remain high, this should not be a drag on the price of gold, at least not from a historical perspective. Even if it takes a few more months for the gold price to really take off, early investor positioning certainly can't hurt. Revival Gold or Osisko Gold Royalties would be a possibility here.
Revival Gold is reviving the Beartrack-Arnett gold project in Idaho. It used to be the largest producing gold mine in Idaho.
An investment in a royalty company like Osisko Gold Royalties - https://www.commodity-tv.com/play/zuri-invest-mining-panel-with-osisko-gold-royalties-victoria-gold-and-mag-silver/ - comes with diversification. This is ensured by more than 165 royalties and precious metal sales. The focus is on gold and copper.
Latest corporate information and press releases from Osisko Gold Roylties (- https://www.resource-capital.ch/en/companies/osisko-gold-royalties-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/
