Gold and full moon
For example, the formulas behind the Elliott wave theory or the Bradley siderograph indicator. Much of modern mathematics also traces its roots back to the astronomy of Galileo. Many traders rely on technical analysis. Mathematical equations are used to filter out course patterns and trends. This is how an indicator is formed.
The Elliot waves are particularly popular. In particular, the historical trends of the financial markets are observed. With the thought that everything repeats itself. This is due to the mass psychology of the financial markets. Courses go up and down like waves.
Economic news is causing the same fears or hopes among the mass of investors. Analysts who had applied the Elliott waves to the gold price at the beginning of the year predicted a price target of around USD 1,850 for an outbreak of the gold price above USD 1,400. Even after a price reset, they predicted further all-time highs.
So it's time to start investing in gold mining, because a rising gold price is also good for the gold companies. Exciting companies include Steppe Gold and Osisko Gold Royalties.
Steppe Gold - https://www.commodity-tv.net/c/search_adv/?v=299041 - will soon commence gold production on its Tsaagan Ovoo gold project. Located in Mongolia, the project convinces with very low costs (400 US dollars per ounce of gold produced). Around 150,000 ounces of gold are said to come out of the mine every year.
Those who value diversification could take a closer look at Osisko Gold Royalties - https://www.commodity-tv.net/c/search_adv/?v=299178. With more than 135 license fees, streams and precious metal purchases, the precious metal licensing company already has a healthy spread. Investments in high-quality projects in first-class mining countries ensure success.
Current company information and press releases from Steppe Gold (https://www.resource-capital.ch/en/companies/steppe-gold-ltd/) and Osisko Gold Royalties ( 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 can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the German version of these messages applies.
Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting from the use of this blog. I would like to point out that shares and in particular 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. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district 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 sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/