Kruger Rand (Gold)

In early April, Goldman Sachs said that a gold price of US$4,500 by the end of the year was possible. While there’s certainly evidence to support such a price target, the timing may be overly optimistic.

The World Bank suggests considerably less – an average gold price of US$3,250 for the year. But even this lower target would mean significantly enhanced profits for gold miners.

In this Standard Bank Power Simon Brown will unpack the case for gold. With de-globalisation and de-dollarisation (both major themes of the Trump Presidency), continued buying by central banks, changes to Basel III rules in July, and very little Greenfield’s expansion, the outlook for the yellow metal remains bullish.

In this Power Hour Simon will cover;

• Gold vs. the miners (when to hold which)
• Local and offshore gold ETFs
• Local and offshore gold miner ETFs
• How much gold or gold miners to hold in a portfolio?
• His preferred miners & ETFs
• When to take profits?

Gold has become an important part of any investment portfolio and this Power Hour will ensure your portfolio is part of the journey.

• Book for the webcast here.
• If you want to attend in person at Standard Bank 30 Baker street, Rosebank  please email [email protected] with name, number attending and car reg for secure parking access.