V-Con: Gold – what’s in store for everyone’s favourite precious metal in 2022?
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V-Con is Stockhead’s investing focused video conference series, bringing you expert insights, panel discussions and presentations from leading analysts, listed small caps and industry players. This latest video conference focuses on gold.
There is a place in any portfolio for gold.
It is held by central banks, has a long history of being an investment grade product in the wider community, and tends to perform well in a ‘risk-off’ environment.
It is also an ‘inflation hedge’; an investment that ostensibly protects the buyer from decreased purchasing power of a currency due to rising prices.
Which is happening right now, everywhere. Goehring & Rozencwajg Associates managing partner Leigh Goehring says that we are “getting closer to the explosion of gold prices to the upside”. Other experts agree.
Meanwhile, gold stocks are cheap at current prices, with valuations remaining weak despite falling debt and record dividends from the majors.
Gold bulls like Rick Rule believe that the ASX precious metals sector is currently a value investor’s dream.
“At current gold prices – not higher gold prices – these companies are all selling at prices that are as cheap as I have ever seen them in my career,” he says.
“And if the gold price goes up — which I think is going to happen — that is icing on the cake.”
Speaking with a handful of emerging companies making waves in the sector, along with industry experts, Stockhead finds out what’s in store for gold in 2022.
Sky News and CNBC business journalist Oriel Morrison interviews Jordan Eliseo, Senior Investment Manager at The Perth Mint.
Jordan Eliseo is a Precious Metals and Market analyst, with almost 25 years experience working in financial markets.
Kaiser Reef (ASX:KAU)
Jonathan Downes, Executive Director
Kaiser Reef is an Australian gold mining company operating the high-grade A1 mine in Victoria and exploring historic goldfields within the Lachlan Fold Belt in NSW and Victoria.
Norwest Minerals (ASX:NWM)
Charles Schaus, CEO & Director
Norwest Minerals is aggressively exploring its WA assets for gold, base metals and lithium. Focused on its Bulgera gold, Bali Copper and Arunta West copper-gold projects in WA.
Diablo Resources (ASX:DBO)
Lyle Thorne, CEO
Diablo Resources listed on the ASX in October 2021, raising $6.5M. The company has three projects in the Western US prospective for gold and copper mineralisation.
Manuka Resources (ASX:MKR)
Dennis Karp, Executive Chairman
Manuka Resources is an ASX listed gold producer in the Cobar Basin, a world class mining province located in central west NSW, Australia.
Resources and Energy Group (ASX:REZ)
Daniel Moore, Non Executive Director
Resources and Energy Group is an independent, ASX‐listed mineral resources explorer and miner with projects located in premier mining jurisdictions in WA and QLD.