ETF provider: VanEck Vectors (Van Eck Global)

Ticker: GDXJ

ISIN: IE00BQQP9G91

Currency: Euro

Exchange: Borsa Italiana

Compared to the gold price, this ETF is very low. Almost every gold mine can be made profitable with the current gold price. This ensures that prospectors who have the chance to find enough gold to start a gold mine have no trouble raising money for drilling. Last year and also at the beginning of this year there were major backlogs in laboratories. Then it was many months of extra waiting for drilling results. That put the stock price under pressure. Backlogs are now being cleared and laboratories are ramping up capacity. Drilling results will then be faster and stock prices will be under pressure for less time in anticipation of those results.

ETF provider: VanEck Vectors (Van Eck Global)

Ticker: GDXJ

ISIN: IE00BQQP9G91

Currency: Euro

Exchange: Borsa Italiana

In anticipation of the FED tonight down. Inflation is on the rise. This will also cause the gold price to rise. The current gold price is high enough to raise money for drilling. New drilling programs are therefore no problem for the prospectors included in this ETF. At the current gold price, mining companies are making enough profit to acquire one of the seekers included in this ETF. Things are already looking good at the current gold price. If the gold price continues to rise due to rising inflation, it will only get better.

ETF provider: L and G

Ticker: AUCO

ISIN: IE00B3CNHG25

Currency: Euro

Exchange: Euronext Amsterdam

The rising yields have caused the gold price to fall sharply. We cannot use rising yields, which will make borrowing money more expensive, in the current corona crisis. I therefore expect central banks to intervene to push those yields down. If central banks take action, the gold price will rise again. The demand for physical gold is still there. Gold coins and bars are becoming less and less available. Later this year, rising inflation will further increase demand for gold. If the gold price rises, this gold mine ETF will rise even faster.

ETF provider: VanEck Vectors (Van Eck Global)

Ticker: GDXJ

ISIN: IE00BQQP9G91

Currency: Euro

Exchange: Borsa Italiana

This ETF has suffered a lot from the drop in gold prices. However, the price has fallen way too far. That rate is now almost at the same level as in January 2020 when the gold price was significantly lower. Another factor is the backlog at laboratories. Drilling results therefore only come many months later. Many investors lost patience as a result and proceeded to sell the gold miners. More stimulation and higher inflation will cause the gold price to rise again. The backlog with drilling results will be made up.

ETF provider: L and G

Ticker: AUCO

ISIN: IE00B3CNHG25

Currency: Euro

Exchange: Euronext Amsterdam

Despite the gold price being much higher than a year ago, this ETF is only a little higher than a year ago. The gold mining stocks included in this ETF have lagged the rise in the gold price. At the current gold price, mining companies are making significantly more profit than a year ago. This will become apparent when the company figures are announced in 1 to 2 months. Mine closures due to corona have depressed the results in the first half of 2020. But in the fourth quarter there were hardly any or none. Then we start to see from the business figures where the profit figures go with the current high gold price. The risk of mine closure disappears through vaccination.