UCS Equities Launches MoneyThruGold com, a New Investment Series on Gold Investing
Released on = June 10, 2006, 12:21 am
Press Release Author = MoneyThruGold
Industry = Small Business
Press Release Summary = MoneyThruGold.com, a new firm providing Information Series to educate and support savvy investors has been launched on the back of 2006 Global Gold Conferences. MoneyThruGold.com is an important free subscription based service designed to support, educate and assist investors in improving portfolios.
Press Release Body = MoneyThruGold is backed by a team dedicated to providing current information on trends in the Gold Sector to savvy investors who view Gold as an essential asset class within an investment portfolio.
"There has never been a better time to invest in gold," says Executive Director Margit Jeppesen from MoneyThruGold.com. All over the world we are seeing gold production levels going up and demand for gold outstripping supply. This is putting pressure on prices providing the right opportunities for investors," Jeppesen said.
The recently concluded 2006 Gold Macquarie Bank Conference held in Australia highlighted several important industry-based themes for investors including:
A bullish macroeconomic environment for gold prices forecast to peak in 3Q07 at US$900/oz. The fundamentals of the environment include a bearish USD, gold as a hedge against inflation and geopolitical conflict. Production growth as projects and expansions come online. Mining developments, both in terms of geographic location and infrastructure are starting to come on-line pushing production growth. Cost and delay pressures continue based on competition for operating expense related items. Exploration budgets are better funded as major companies commit to spending in this area.
Likewise, the 2006 Reuters Global Mining and Steel Summit held in the USA provided important company-based views for investors
Newmont Mining: there is \'Still a long way left in this run\'. AngloGold: \'gold is going to hold its ground as an alternative store of value for institutions. ... a prudent person would continue to make a bet on gold for part of their wealth\' Kinross: \'It feels like there\'s some stronger legs under the buy side.\' Goldfields: \'Despite the recent correction we are firmly of the belief that the secular upward trend remains in place.\' Goldcorp: \'all the reasons that gold got to here are still there\' Barrick Gold Corp.\'s: \' definitely have a new floor for the gold price\'
What does this mean to investors? MoneyThruGold provides additional information to subscribers, however briefly -
Clearly from an economic and market perspective, the environment for investing is still favorable; high levels of production and exploration and therefore underlying supply, high levels of cost and therefore some supply constraints and high levels of demand all provide the right conditions for price growth.
From a micro supplier point of view, many of the major mining houses are continuing to be confident about growth in the market. Investors may think or feel \'of course the mining houses would hold that view\', however the real point is to recognize that Mining Houses have strict corporate governance and disclosure policies and cannot mislead the market in away giving credence to their views.
Moneythrugold is a free subscription based service which provides up-to-date investment information from sources around the world. It\'s focus is on providing a succinct understanding of an asset class which is often overlooked by many investors, when in fact it is a prime investment opportunity.
When asked about what makes MoneyThruGold different from investment information providers, Jeppesen said, \"We focus on minimizing the arduous process associated with building knowledge on a particular asset class. Our subscribers are investors who need to know how things work immediately so they can invest and benefit from trends in the market."
MoneyThruGold is a recent initiative dedicated to improvement of returns for investors whatever the current investment market.
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