After almost ten years of disappointing gold prices, the bull market has to come.
Already for the end of the current year, many experts predict a gold price of around 2,000 US-Dollars. And well known investors are betting heavily on gold right now. David Einhorn, founder of Greenlight Capital and billionaire, has currently added a gold position worth more than 45 million US-Dollars. Billionaire Jeffrey Gundlach is also convinced of significantly higher gold prices. Even real estate billionaire Sam Zell, who often spoke out against gold, is buying gold as a hedge against inflation.
In this regard, today's price movements are often compared to historical turning points such as the price spikes from the 1970s and the early 2000s. The fact is that gold has already outperformed all major asset classes this year. Inflation is at its highest level in about 40 years, and at the same time economic and political pressures are mounting. Almost every country is devaluing its currency by printing money and government debt has reached astronomical levels.
Many central banks are increasingly turning to gold as a hedge. As an investor, you could focus on royalty companies, for example. Pierre Lassonde was the first streaming company to go public. This business strategy is convincing in that the partner companies of the royalty company bear the mining risk. In addition, the risks are widely spread and not concentrated on just one project.
As is the case with Osisko Gold Royalties - https://www.youtube.com/watch?v=shznt-2re78&t=3s - with its portfolio of more than 165 royalties and precious metal sales in North America.
Gold Royalty - https://www.youtube.com/watch?v=3PhJY9cwBv8&t=43s - also specializes in gold and holds royalties in North and South America.
Latest corporate information and press releases from Gold Royalty (- https://www.resource-capital.ch/de/unternehmen/gold-royalty-corp/ -) and Osisko Gold Royalties (- https://www.resource-capital.ch/de/unternehmen/osisko-gold-royalties-ltd/ -).
In accordance with §34 WpHG (German Securities Trading Act) I point out that partners, authors and employees may hold shares of the respective companies addressed and therefore a possible conflict of interest exists. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are generally 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 a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/.
Already for the end of the current year, many experts predict a gold price of around 2,000 US-Dollars. And well known investors are betting heavily on gold right now. David Einhorn, founder of Greenlight Capital and billionaire, has currently added a gold position worth more than 45 million US-Dollars. Billionaire Jeffrey Gundlach is also convinced of significantly higher gold prices. Even real estate billionaire Sam Zell, who often spoke out against gold, is buying gold as a hedge against inflation.
In this regard, today's price movements are often compared to historical turning points such as the price spikes from the 1970s and the early 2000s. The fact is that gold has already outperformed all major asset classes this year. Inflation is at its highest level in about 40 years, and at the same time economic and political pressures are mounting. Almost every country is devaluing its currency by printing money and government debt has reached astronomical levels.
Many central banks are increasingly turning to gold as a hedge. As an investor, you could focus on royalty companies, for example. Pierre Lassonde was the first streaming company to go public. This business strategy is convincing in that the partner companies of the royalty company bear the mining risk. In addition, the risks are widely spread and not concentrated on just one project.
As is the case with Osisko Gold Royalties - https://www.youtube.com/watch?v=shznt-2re78&t=3s - with its portfolio of more than 165 royalties and precious metal sales in North America.
Gold Royalty - https://www.youtube.com/watch?v=3PhJY9cwBv8&t=43s - also specializes in gold and holds royalties in North and South America.
Latest corporate information and press releases from Gold Royalty (- https://www.resource-capital.ch/de/unternehmen/gold-royalty-corp/ -) and Osisko Gold Royalties (- https://www.resource-capital.ch/de/unternehmen/osisko-gold-royalties-ltd/ -).
In accordance with §34 WpHG (German Securities Trading Act) I point out that partners, authors and employees may hold shares of the respective companies addressed and therefore a possible conflict of interest exists. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are generally 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 a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/.
