Gold continues to be the best safe haven investment option

Gold continues to be the best safe haven investment option
New Zealand: Forgotten Mines in a Tier 1 Jurisdiction

Gold's recent surge to record highs of around $2,750 per ounce underscores its enduring status as a reliable “risk-on” asset, particularly when contrasted with volatile alternatives like Bitcoin. This upward trend, driven by geopolitical tensions and shifting monetary policies, makes gold especially attractive in the current economic landscape.

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As central banks adopt a dovish stance, and inflation risks moderate, many analysts predict gold will remain strong, potentially reaching $2,800 per ounce as we move into 2025. Notably, central banks and investors alike are bolstering their gold reserves, driven by the metal's historical stability as a store of value during times of global uncertainty.

Unlike Bitcoin, which has shown dramatic price swings (up over 150% in some recent periods), gold offers a comparatively smoother ride. In fact, the World Gold Council highlights that Bitcoin’s Value-at-Risk (VaR) is roughly five times that of gold. This high volatility, demonstrated during recent market fluctuations, shows it to be more a speculative asset than a safe haven.

Gold’s relative detachment from other assets and its negative correlation with equities during market downturns, positions it as a more reliable hedge against economic turbulence, making it a primary choice for managing risk while providing potential for steady returns.

Considering this we have opened research on gold explorer RUA Gold (TSXV: RUA, OTC: NZAUF, WKN: A4010V) as an exciting entry point for investors wishing to protect their wealth and grow their portfolio.

Multiple past-producing high-grade assets showing tremendous exploration potential within a district-scale holding in New Zealand, one of the world’s top mining jurisdictions. Rua has the potential to become a major producer in the global gold market.

Learn more about Rua Gold’s ground floor opportunity here!

Five Reasons You Should Put Rua Gold in Your Portfolio - Financial Gambits
Gold is still the risk-on asset of choice. Driven by heightening tensions in the Middle East, easing monetary policies, growing supply constraints, gold

Siren Shareholders Approve Acquisition of Reefton Resources Pty Limited – Rua Gold - Financial Gambits
Rua Gold Inc. has announced the approval of its acquisition of Reefton Resources, a subsidiary of Siren Gold Ltd. This strategic move expands Rua Gold’s tenements in New Zealand’s Reefton Goldfield significantly. The transaction is set to close in November 2024, pending regulatory approvals.
Two Factors Behind Gold’s Surge That Could Propel Omineca to New Heights - Financial Gambits
Investors are encouraged to consider Omineca Mining and Metals (OMM) as a potential success story, reminiscent of past winners from the MacNeill family. CEO Tom MacNeill discusses opportunities in British Columbia’s Cariboo region, highlighting upcoming gold recovery at Wingdam and potential discoveries akin to Barkerville’s significant resources.
Gold Technical: Bullish Momentum Strengthened by the “Trump Trade” - Financial Gambits
Gold (XAU/USD) has surpassed key resistance levels, rising 9.6% to an all-time high of US$2,740, driven by the “Trump Trade” narrative and concerns over potential US federal deficits. Ongoing geopolitical risks and inflationary pressures may reinforce Gold’s appeal as a safe-haven asset, maintaining its medium-term bullish trend.
Gold Prices Surpass $2,700 for the First Time, Continuing Record-Breaking Surge - Financial Gambits
Geopolitical tensions rise as Israel kills Hamas leader Yahya Sinwar, and Prime Minister Netanyahu vows to continue fighting until all hostages are free. Investors seek safety in gold, which has gained over 30% in 2024 amid US election repositioning and central bank support, with forecasts predicting further price increases.
Gold Prices Surge to New Record High Amid US Election Uncertainty and Monetary Easing - Financial Gambits
Bullion prices have risen over 30% this year, driven by anticipated Federal Reserve rate cuts and geopolitical uncertainties, especially regarding the US election and Middle East tensions. Predictions suggest prices may reach $2,941 an ounce within a year. Mixed economic data reinforces expectations of further rate cuts, strengthening gold’s appeal.

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