Gold shines as a monetary asset – gold mining stocks should follow suit

The gold price jumped from one high to the next. However, there have been capital outflows from gold mining shares. This can be seen, for example, in the VanEck Vectors Gold Miners ETF. It is actually strange that gold prices are rising and at the same time investors are withdrawing capital from mining stocks. This is despite the fact that high-quality gold mining stocks offer advantages when gold prices are rising. It is nothing new that not only the gold price, but also geopolitical risks, cost increases or a possible labor shortage are part of the risk in gold mining stocks. History shows that gold mining shares usually only increase in value when higher gold prices are sustainable. If gold prices remain high or even rise further, which many are convinced they will, then the mining sector should become more attractive and attract more investors. After all, it is the mining companies that ultimately get the gold out of the ground.

The average investor should take an example from the central banks. According to the World Gold Council, around 30 percent of them are planning to increase their gold reserves in the next twelve months. The reasons for investing in gold are the same from small investors to the largest financial institutions: Geopolitical squabbles, protection against currency devaluation, hedging against the huge debt of many countries and the resulting dangers, storing value. According to a survey in the USA, almost a quarter consider gold to be the best long-term investment; only real estate is more popular. High-quality mining stocks include U.S. GoldMining and Fury Gold Mines, for example

U.S. GoldMininghttps://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ – has large gold and copper resources at its Whistler project in Alaska.

Fury Gold Mineshttps://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ – has promising projects in Quebec and Nunavut. With the acquisition of Quebec Precious Metals, Fury Gold Mines now owns a gold and mineral exploration portfolio totaling over 157,000 hectares in Quebec.

Current company information and press releases from Fury Gold Mines (- https://www.resource-capital.ch/en/companies/fury-gold-mines-ltd/ -) and U.S. GoldMining (- https://www.resource-capital.ch/en/companies/us-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/.

Firmenkontakt und Herausgeber der Meldung:

Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch

Ansprechpartner:
Jörg Schulte
Telefon: +49 (2983) 974041
E-Mail: info@js-research.de
Für die oben stehende Story ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.

counterpixel