US election and gold price
November is in itself a good month for the gold price. Now the election in the USA is added, which leads to a tense situation
Receive up-to-date information about the company directly via push notification
Statistically, November is one of the best months of the year, ranking third after January and May. Last November, however, the price of gold went down, probably because the uncertain situation in the trade dispute between China and the USA eased.
If one looks at the development of the gold price shortly after the last election in the USA, it was subject to strong fluctuations on the day when the election result was fixed. In the following weeks, the gold price lost significantly. If the election is contested as in 2000, this leads to uncertainties and increased volatility on the markets. The gold price could benefit from uncertainties. Reseters should then be used for an entry. Should there be long disputes after the election, this would probably weaken the US dollar, so that gold would strengthen in price.
But no matter who the new president of the USA is, quantitative easing will be expanded, and the debt spiral will continue to turn. The economic and financial conditions will remain the same and should give the gold price a further boost.
Thus, the breeding ground for the price potential of promising gold companies is prepared. These include Adventus Mining or Aguila American Gold.
Adventus Mining focuses on gold and copper in Ecuador. Drilling at the Curipamba, Pijiili and Santiago projects has identified numerous new targets for further exploration. In addition, the Company is exploring for large mineral concessions in Ireland.
Aguila American Gold will begin drilling at the Wusa Gold Project in Oregon in mid-November, following a recent financing deal. The project consists of four potential areas (soil samples have returned up to 5.51 grams of gold per tonne of rock) and is adjacent to a 19th century gold rush area.
Current company information and press releases from Adventus Mining ( https://www.resource-capital.ch/en/companies/adventus-mining-corp/).
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/