For Frank Holmes, the present is a gold wake-up call. Holmes is convinced that the number of people interested in precious metals will continue to rise. Gold purchases by central banks, geopolitical uncertainties and money printing are making alternative assets such as gold more attractive. A price of 3,000 US dollars per ounce of gold within the next twelve months would therefore not be a difficult thing, on the contrary. Holmes has made calculations on the subject of money printing and, in his opinion, a gold price of 7,000 US dollars per ounce is actually justified. For silver, 100 US dollars per ounce is a realistic value. This suggests an upside potential that investors should exploit.
Gold has been a solid investment for a very long time. Economic and socio-political upheavals are shaping the 21st century. Incidentally, in addition to Holmes, there are also voices from gold market experts who see the price of gold going significantly higher. There are many ways to invest in gold. When buying physical gold, investors need to think about storage. There are also ETFs and the shares of gold mining companies. Gold is a portfolio diversifier. In terms of price, the precious metal passed the USD 2,000 mark at the end of 2023. An ounce of gold currently costs more than USD 2,500 per ounce, which is a huge increase. The expected interest rate cuts in the US, which are expected to give the gold price a boost, have not even taken place yet. There should still be time to invest in gold, for example in companies such as Aurania Resources or GoldMining.
Aurania Resources – https://www.commodity-tv.com/ondemand/companies/profil/aurania-resources-ltd/ – is all about copper and precious metals in South America. The flagship project is located in the Andes in Peru and visible gold was recently discovered.
GoldMining’s – https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ – properties are located in North and South America and contain gold and copper. There are also shares in Gold Royalty, U.S. GoldMining and NevGold.
Current company information and press releases from Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -) and GoldMining (- https://www.resource-capital.ch/en/companies/goldmining-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/.
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