Gold - Commodity, industrial good, financial investment
Unlike typical commodities, the gold price does not just follow the laws of supply and demand. On the one hand it is a financial commodity, on the other hand the traditional demand for jewellery and also the industrial applications influence the price development. Interest rate movements of the FED have an impact, as do economic or political uncertainties.
History shows that gold has risen in price especially when the global economy has been under severe attack, as was the case in the early 1980s and early 2000s. Today, another factor may also be influencing the Dollar's performance today, as it may slowly lose its status as a reserve currency. This could strengthen the gold position. Many believe that the days of the US dollar as a reserve currency are numbered.
Many central banks are increasingly hedging their assets with gold. Private investors should also not forget gold and shares in gold companies, such as Osisko Gold Royalties and Treasury Metals.
As a royalty company, Osisko Gold Royalties brings diversification with it: https://www.commodity-tv.com/play/osisko-gold-royalties-highlights-achievements-from-2019/. Osisko Gold Royalties is on track for success with more than 135 positions in licenses, precious metal purchases and streams.
Treasury Metals owns six other gold and copper projects in addition to its main project, the Goliath property in Ontario: https://www.commodity-tv.com/play/treasury-metals-infill-and-expansion-drill-programm-for-pre-feasibility-study-which-is-coming-in-2020/. Recent drilling at Goliath has produced excellent results (10, 12 or 14 grams of gold per tonne of rock, even 101 grams of gold per tonne of rock).
Latest corporate information and press releases from Osisko Gold Royalties (https://www.resource-capital.ch/en/companies/osisko-gold-royalties-ltd/) and Treasury Metals (https://www.resource-capital.ch/en/companies/treasury-metals-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