Gold will also be in demand in 2019
This is because the reasons that will determine the second half of 2018 will continue in the new year. About half of the demand for gold comes from China and India. As these economies show solid growth, gold should continue to be in good demand.
If the central banks buy as diligently in 2019 as they did in the current year and gold consumption in industry continues to rise, then all this should support the gold price well. And not just in the new year, but in the long term. The further development of the US economy is also important in this context. A weakening of the local economy could come as a result of a trade war and the US Federal Reserve's late decision to abandon its restrictive monetary policy. A weaker US economy will then lead to a more lax monetary policy and probably also a significantly weaker US dollar. This would benefit the gold price.
In any case, gold and gold stocks belong in every diversified portfolio. Because it is precisely when investing in the values of gold companies that there is a chance of higher returns. Here Revival Gold or Steppe Gold would be possible.
Revival Gold - https://www.commodity-tv.net/c/search_adv/?v=298671 - owns the Beartrack Gold Project and the nearby Arnett Gold Project in Idaho. In Utah, the advanced Diamond Montain phosphate project is added. Drilling on the Arnett Gold Project has confirmed oxide gold mineralization from surface to 125 metres drilling depth. The mineralized trend at the Beartrack gold project was successfully expanded by the drill results.
Steppe Gold - https://www.commodity-tv.net/c/search_adv/?v=298735 - is already further on in Mongolia with its ATO gold project. Some 30,000 tons of ore have already been mined. First gold production is expected in the first half of 2019. Led by almost only Mongolians, the company focuses on two gold projects in Mongolia. In addition to the ATO project, which is the sole owner, there is also the Uudam Khundii Gold Project, 80 percent of which belongs to Steppe Gold. The exploration program is running here.
Current company information and press releases from Steppe Gold (https://www.resource-capital.ch/en/companies/steppe-gold-ltd.html).
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