Gold mining stocks are cheap right now
According to the NYSE Arca Gold Miners Index, gold stocks fell about 18 percent since the beginning of the year(PresseBox) (Herisau, )
Real interest rates and gold are inversely related. In the past, when inflation-adjusted interest rates turned negative, the price of gold usually went up. Gold was more attractive than, say, government bonds. The fact that gold has so far failed to reach a new all-time high is probably due to the strength of the U.S. dollar compared with other currencies. Thus gold, which is denominated in U.S. dollars, is still stuck in a narrow range. But when the trend reversal comes, it should be worthwhile to be invested in gold stocks. Aztec Minerals or GoldMining could be suitable here. Aztec Minerals' flagship project - https://youtu.be/lrelPMuItfk - is the Cervantes gold-copper project located in Mexico. In addition, Aztec Minerals' portfolio includes the historic Tombstone properties in Arizona with gold, silver, lead and zinc. GoldMining - https://youtu.be/2zzZJaWEMa0 - acquires and develops gold and gold-copper projects in North and South America and also owns more than 20 million shares of Gold Royalty.
Latest corporate information and press releases from GoldMining (https://www.resource-capital.ch/de/unternehmen/goldmining-inc/).
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