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Webinars Ignore the Blip, Equip with Gold

July 29, 2021
11:00 AM US ET
60 MIN

Speaker(s)

  • Joe Foster
    Joe Foster
    Portfolio Manager, Gold Strategy

Summary

While a shift in the U.S. Federal Reserve’s policy outlook in mid-May soured some of gold’s near-term luster on inflation concerns, it did little to eliminate the overwhelming longer-term risks still present in global financial markets today.  Mounting government debts, an over-reliance on “cheap” money, and increasingly common black swan events are just several of the factors supporting our thesis for higher gold prices. 

Similarly, we maintain an optimistic outlook for the miners.  Current prices are still well above the gold industry’s average cost of production and managements are as committed as ever to ensuring the financial stability and execution of longer-term growth and capital return objectives for their companies.  

  • Recent moves in the price of gold
  • Our inflation outlook and lingering risks to the financial markets
  • Developments among several of our favorite positions with a highlight on some juniors

Important Definitions & Disclosures

DISCLOSURES

This material is for informational purposes only. The information presented does not involve the rendering of personalized investment, financial, legal, or tax advice. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results, are valid as of the date of this communication and are subject to change without notice. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. The information herein represents the opinion of the author(s), but not necessarily those of VanEck.

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of VanEck

You can lose money by investing in the International Investors Gold Fund. Any investment in the Fund should be part of an overall investment program, not a complete program. The Fund is subject to the risks associated with concentrating its assets in the gold industry, which can be significantly affected by international economic, monetary and political developments. The Fund’s overall portfolio may decline in value due to developments specific to the gold industry. The Fund’s investments in foreign securities involve risks related to adverse political and economic developments unique to a country or a region, currency fluctuations or controls, and the possibility of arbitrary action by foreign governments, or political, economic or social instability. The Fund is subject to risks associated with investments in Canadian issuers, commodities and commodity-linked derivatives, commodities and commodity-linked derivatives tax, gold-mining industry, derivatives, emerging market securities, foreign currency transactions, foreign securities, other investment companies, management, market, non-diversification, operational, regulatory, small- and medium-capitalization companies and subsidiary risks.

Investing involves risk, including possible loss of principal. Please call 800.826.2333 or visit vaneck.com for a free prospectus and summary prospectus. An investor should consider the investment objective, risks, charges and expenses of the investment company carefully before investing. The prospectus and summary prospectus contain this and other information. Please read the prospectus and summary prospectus carefully before investing.

Van Eck Securities Corporation, Distributor