Gold has many interested parties
Central banks did demand as much gold in 2018 as they have since 2015. Diversification, liquidity and security are the motives. Gold is also increasingly flowing into the gold ETFs. Since the beginning of the year alone 23.7 tons of gold.
From a chart technical perspective, the gold price generated a buy-signal in December and then rose strongly. 1,300 US dollars is an important psychological brand. The upward trend line of the last three years also runs there. If the gold price overcomes this mark, a further price increase is to be expected. With backstabbers, who will certainly also come, career opportunities should be seized.
Renowned analysts from institutions such as Goldman Sachs and the World Gold Council are positive about the further development of the gold price. Goldman Sachs changed its gold price forecast for the next 12 months from 1,350 to 1,425 US dollars per troy ounce. The World Gold Council also believes that global investors should continue to favour gold as a diversification and hedging option.
If you want to leverage gold, you should consider solid gold companies such as GoldMining or White Gold.
GoldMining - https://www.commodity-tv.net/c/search_adv/?v=298668 - has a total of approximately 9.5 million ounces of gold (measured and indicated resources), $9.2 million in cash and is debt-free on its gold projects. The focus is particularly on the São Jorge Gold Project in Brazil and the Yellowknife Project in the Northwest Territories, Canada. GoldMining is also concentrating on further high-quality acquisitions.
White Gold - https://www.commodity-tv.net/c/search_adv/?v=298807 - has currently made its fourth gold discovery on its 423,000 hectare property in the White Gold District of the Yukon. Existing deposits are being expanded (where up to 1,000 grams of gold per ton of rock have already been found) and new discoveries are being made and explored.
Current company information and press releases from GoldMining (https://www.resource-capital.ch/en/companies/goldmining-inc.html) and White Gold (https://www.resource-capital.ch/en/companies/whitegoldcorp.html).
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