ETF provider: ETF Securities (L and G)

Ticker: AUCO

ISIN: IE00B3CNHG25

Currency: Euro

Exchange: Euronext Amsterdam

The demand for physical gold is increasing rapidly. The gold price has not been that high on average in 7 years this quarter. As a result, gold mine earnings are set to rise sharply.

ETF provider: L&G

Ticker: AUCO

ISIN: IE00B3CNHG25

Currency: Euro

Exchange: Euronext Amsterdam

Gold was sold by large financial institutions that had gold as a hedge against stock market falls. Gold mine shares were forcibly sold by investors who were investing with borrowed money and who ran into problems due to the stock market falls. In addition, many index trackers have been sold. Including the gold mine shares therein. Gold and the gold mine shares will recover from this. Because coronavirus fear, fear of recession and actions of central banks are going to raise gold.

ETF provider: L&G

Ticker: AUCO

ISIN: IE00B3CNHG25

Currency: Euro

Exchange: Euronext Amsterdam

I expect a further spread of the corona virus. Now there is little fear. But due to further spread there will come a time when fear will increase and the gold price and this ETF will rise.

ETF provider: L and G

Ticker: AUCO

ISIN: IE00B3CNHG25

Currency: Euro

Exchange: Euronext Amsterdam

There seems to be no trade deal between the US and China. A trade war between the US and the EU can start on Friday. More importantly, central banks and especially the FED are increasingly stimulating.

ETF provider: L & G

Ticker: AUCO

ISIN: IE00B3CNHG25

Currency: Euro

Exchange: Euronext Amsterdam

Despite the fact that yesterday the ECB started to boost considerably a fall in the gold price. This decrease was due to a reduced tension around the trade war. For the longer term, however, the extra central bank stimulation is especially important for the gold price. If the FED starts to stimulate more next week, the gold price will rise considerably.