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Gold price with long-term potential


Above all, it is the inflationary pressure that speaks for gold and probably cannot be lowered so easily

The Fed will have a hard time standing up to inflation. There is already talk that the Fed has lost control of inflation. In the U.S., the consumer price index rose 8.6 percent in May, marking a 40-year high. The culprits are upward spikes in energy and food prices. This could be a turning point for gold prices. In a poll of Wall Street analysts, there was a tie between bullish and neutral respondents. In an online survey of 598 votes, 274 expected gold prices to rise soon, 167 expected low prices and 157 were neutral. In the long term, however, analysts see the potential for a rise in the price of the precious metal. The reason, they said, is inflation and interest rates that continue to rise. There is also growing fear that a recession is coming.

If then the U.S. dollar were to weaken, this would minimize a headwind for gold. This could well happen because the Fed has probably reached the peak of its restrictive stance. With volatile markets and high inflation, gold should be attractive to investors as a store of value, a safe haven, and an inflation hedge. Gold is, after all, a stable-value investment. As a result, many industry experts see strong gold prices over the long term, as the Russian war has drawn new geopolitical lines around the world. Among gold companies, Tarachi Gold and Revival Gold are appealing. Tarachi Gold – https://www.youtube.com/watch?v=IRnRAFCd8WI&t=2s – has projects in the Sierra Madre gold belt and Mexico. Drilling results are particularly high-grade at the Tarachi project. Revival Gold – https://www.youtube.com/watch?v=R7Hnu7pDPJo&t=1s – is undertaking drilling at its Beartrack-Arnett gold project in Idaho. After very good results, another 3,000 meters are planned for this year.

In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.

Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially 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. Despite the greatest care, I expressly reserve the right to make a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional 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 pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb

Posted by on 14. June 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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