⬇⬇ SUBSCRIBE ⬇⬇
https://www.youtube.com/channel/UCLqygB-tDDzP8HcNDV0k7ig?sub_confirmation=1
Despite the high levels of inflation, economic slowdown and recession fears, the price of gold is actually down to around $1,650 per ounce from even close to $2,000 this year.
The main reason for it is the fact that interest rates have been on the rise in 2022 in an effort to combat the said levels of inflation.
Gold is seen as a long-term store of value that offers inflation protection, and a hedge against uncertain times in the stock market. The price of gold has a strong, opposite correlation with the interest rates and the economy itself. When interest rates go up, gold tends to go down, and vice-versa, like we saw in the past.
Now, in case there will be a global recession as many are expecting, that would bring a lot of fear in the stock market, which should be a positive thing for the price of gold. Also, interest rates might be lowered in the future as a way to fight off the recession, both of which are very positive factors for gold.
I also talk about Barrick Gold, Newmont stock and gold miners in general in relation to the price of gold itself, comparing the two investments.
Other videos:
Vale Stock Analysis – https://youtu.be/9lF8RE7QbVQ
Barrick Gold Stock Analysis – https://youtu.be/phNEdd68HsU
Newmont Mining Stock Analysis – https://youtu.be/cHPWUZL7o5M
Verizon Stock Analysis – https://youtu.be/gqapzyhuMdk
Stellantis Stock Analysis – https://youtu.be/CUIYGAsro0I
Don’t forget to like and subscribe if you appreciate what I do!
0:00 Investing in Gold
1:25 Investing in Gold Miners
Join eToro:
https://med.etoro.com/B12087_A114151_TClick_SInvestingWithAndrew.aspx
Your capital is at risk.
Please note that I do not use leverage and I wouldn’t recommend anyone to do that.
Using my link to join the platform may lead to me receiving a commission and is a great way to support me for free.
My eToro profile, where you can see my portfolio, transactions and you can copy my investing activity (might not be available in all countries): https://www.etoro.com/people/andrew-bt
If you are interested in other investing or personal finance topics, don’t hesitate to check out my channel or my blog: https://investingwithandrew.com/
Song: ♪ Marshmallow (Prod. by Lukrembo)
Link: https://youtu.be/y7KYdqVND4o
DISCLAIMER: I am not a financial advisor and nothing on this channel should qualify as investing advice. All information is provided for your education or entertainment. It is not intended to be investment advice. This information is general in nature and has not taken into account your personal financial position or objectives. Seek a duly licensed professional for investment advice.
#gold
#stocks #investing #personalfinance #valueinvesting
3 Comments
Here is a bit of a different video for today. In this one, I talk about the idea of investing in gold and gold miners and about how I invest in gold. I am trying to post a stock analysis this week as well, so this one is just something extra. 😅
Don't forget to like and subscribe if you appreciate what I do!
Man your efforts are appreciates
Nice video!
Any thougs about making one about Brazilian market? It seems to be holding strong during 2022