Uitgever ETF: L and G

Ticker: AUCO

ISIN: IE00B3CNHG25

Valuta: Euro

Beurs: Euronext Amsterdam

Due to the expectation that the FED will continue to raise interest rates sharply, the gold price and thus also this ETF are still under pressure. However, those big interest rate hikes have come to an end. Especially now that US unemployment is already rising slightly. The Fed will raise interest rates again next week. But I expect this to be the last major rate hike given the economy and unemployment. Fewer or no interest rate hikes in the future and gold and with it this ETF with gold mines will rise sharply.

Uitgever ETF: VanEck Vectors (Van Eck Global)

Ticker: GDXJ

ISIN: IE00BQQP9G91

Valuta: Euro

Beurs: Borsa Italiana

The gold price and this ETF have suffered greatly from the expectation that the FED will continue to raise interest rates in significant steps. However, there is a limit to these rate hikes. The moment the American economy starts to suffer too much, there will automatically be fewer or no more interest rate hikes. In principle, it is also not just about the interest. It is the difference between interest rates and inflation. As long as interest rates are lower than inflation, buying gold is preferable. This ETF is very dependent on economic data for the short term. If it deteriorates, this ETF will rise.

Uitgever ETF: VanEck Vectors (Van Eck Global)

Ticker: GDXJ

ISIN: IE00BQQP9G91

Valuta: Euro

Beurs: Borsa Italiana

The gold price and also this ETF have fallen due to the expectation that the FED will continue to raise interest rates sharply. The minutes of the last FED meeting announced yesterday also indicated this. However, those FED minutes are outdated. During that last FED meeting, the FED was still convinced that the American economy would not go into recession. That turned out not to be the case, that recession is a fact. Meanwhile, US inflation also appeared to have fallen somewhat. And for the next FED meeting, the inflation figure for this month is already known. The situation will be completely different at the next FED meeting. Slightly lower inflation and already a recession. No reason to implement many rate hikes. However, investors are not taking this into account yet. Reason for me to buy this ETF today.

Uitgever ETF: L and G

Ticker: AUCO

ISIN: IE00B3CNHG25

Valuta: Euro

Beurs: Euronext Amsterdam

The gold price and thus this ETF have suffered greatly from the expected interest rate hikes by the FED. However, the US economy is deteriorating. The next Fed meeting is Wednesday. If the FED pays more attention to the weaker US economy, fewer interest rate hikes are to be expected. That will push gold and this ETF higher. Thursday the figure on the growth of the US economy. No growth but contraction and gold and this ETF will also rise.

Uitgever ETF: VanEck Vectors (Van Eck Global)

Ticker: GDXJ

ISIN: IE00BQQP9G91

Valuta: Euro

Beurs: Borsa Italiana

The gold price and therefore also the shares of prospectors in this ETF have come under pressure due to the fear of interest rate hikes. The Fed will release interest rates on Wednesday. The Fed will raise interest rates. But what investors do not take into account is that there is a limit to these interest rate increases. If the US economy suffers a lot later this year, the FED will be unable or almost impossible to raise interest rates. Given the high inflation and will remain high for a long time to come, the gold price and with it this ETF will also rise.

Uitgever ETF: VanEck Vectors (Van Eck Global)

Ticker: GDXJ

ISIN: IE00BQQP9G91

Valuta: Euro

Beurs: Borsa Italiana

This week saw a significant drop in gold prices. Shares of prospectors fall even faster. And so is this ETF. However, there is no logic in the decline of gold. Inflation is high and gold should rise. The expectation of many more interest rate hikes in the US and the resulting high dollar did put some pressure on the gold price. Until yesterday, the idea was that the FED could raise interest rates almost indefinitely without the US economy being much affected. That has changed since yesterday. Jerome Powell, the FED chairman, said yesterday that he cannot guarantee a soft landing for the US economy. Take that as a warning that the US economy will slow down. And that will ensure that the FED can no longer raise interest rates or not so much. Which is of course good for the gold price and this ETF.

Uitgever ETF: VanEck Vectors (Van Eck Global)

Ticker: GDXJ

ISIN: IE00BQQP9G91

Valuta: Euro

Beurs: Borsa Italiana

The gold price and this ETF are also suffering from the fear that the FED will make a firm rate hike tomorrow. In view of high US inflation, those fears may be justified. However, it has since become apparent that the US economy contracted on both a quarterly and annual basis in the first quarter. The FED will have to take this into account. If the FED softens a bit on impending rate hikes, gold and this ETF could rise again.