Introducing Thematic Insights Update
To better serve our investor audience, Thematic Insights will begin providing regular updates on the sectors and markets we have been covering in our reports. These updates will serve two purposes.
Interested in learning more about energy companies?
See what investors are saying on the Stockhouse bullboards.
Stockhouse is the leading source of authoritative breaking stock market news for self-directed investors. Our team of markets reporters, editors and technologists cover the entire listed company universe in Canada. We cover over 3,985 businesses, their people, their investors and their customers. We write the stories that move Canadian capital markets. Along with Thematic Insights, Stockhouse reaches almost 2 million of the world’s most affluent and engaged investors each and every month. With an investor database of almost 600,000 subscribers and over 50 million monthly page impressions, Stockhouse is one of the fastest-growing business and finance platforms in the world.
Stockhouse's Thematic Investor Insights reports are a new way for investors to gain insight into global markets. With in-depth compelling research and data, Thematic Insights gives investors the big picture and provides context to the companies they are investing in.
The information in this report is for general use only and is not financial advice. This report does not take into account your personal financial situation or objectives. You should consult a qualified financial professional before making any investment. This report includes companies that have sponsored some parts of the report. All brands and trademarks included in this report remain the property of their owners.
®2024 Stockhouse Publishing Ltd. All Rights Reserved.
ANALYSIS AND INSIGHTS
IN THIS REPORT
Did you miss the previous report on gold?
No need to sign up! Read it for free.
Gold’s Stellar Performance and Promising Future
Gold can be a cornerstone of any investment portfolio and should continue to outperform going forward.
GOLD UPDATE
By Jeff Nielson, Business writer and analyst
July 15, 2024 | 7 minute read
When we published our Gold Report in March, we called gold “a best buy” in 2024. At the time we wrote the report, gold was trading at USD$2,028 per ounce. Today, even after extreme recent volatility, the price of gold sits at USD$2,335.
That’s a rise of more than 15%. Not bad for 1/3 of a year, with one of the only asset classes that represents zero counterparty risk.
Thematic Insights – Listen to the report
Market conditions change. New developments and/or data can significantly affect the outlook for a particular sector.
This is also your opportunity to evaluate us. Were our previous reports accurate, informative, insightful? Did they provide useful guidance for your personal investing?
As we move into the second half of 2024, market, financial and economic conditions are more uncertain than at any time since the end of the COVID-19 lockdowns. We will endeavour to keep investors abreast of these strong currents in this edition of Thematic Insights.
Thematic Insights Update
Despite Persistent Uncertainty and Volatility, Strong Trends Remain in Gold and Energy
For gold-savvy investors, this stellar return will not be a big shock. Over the 50-plus years since the end of the last vestige of the gold standard (and the beginning of a free-floating price of gold), gold has produced a compounded rate of return of 8+%.
Perhaps more importantly, the principal drivers of gold investment – wealth preservation and monetary demand – are becoming increasingly strong.
Thus, the long-term prognosis for gold is to expect an even stronger rate of return. But let’s take a closer look at the near-term picture.
When we examined “gold as jewelry” in our last report, we pointed to two important factors. We noted that increasing levels of Western poverty and a dramatic decline in disposable income in Western nations (along with a record price for gold) would put pressure on jewelry demand in the near term.
In fact, recently released data shows that jewelry consumption fell by 23% from Q4 2023 to Q1 2024.
Capturing Market Trends with Insightful Analysis
brought to you by: Stockhouse and The Market Online
Unlock the rest of this report.
JULY 2024
Source: yahoo!finance