Mississauga, ON -- (SBWIRE) -- 01/26/2022 -- AllPennyStocks.com Media, Inc. (https://www.AllPennyStocks.com/) announces its latest article titled "Risk-Off Trade Among Investors Has Gold Miners Seeing A Resurgence In Interest"
Companies mentioned in this article include King Global Ventures Inc. (TSX-Venture: KING) (OTCPK: KGLDF), Marathon Gold (TSX:MOZ) (OTCQX:MGDPF), Teck Resources Ltd. (TSX:TECK.B) (NYSE:TECK), Sokoman Minerals Corp. (TSX-Venture:SIC), Newfound Gold (NYSE American:NFGC) (TSX-Venture:NFG).
Rewind to August 2020 and you'll find gold printing a record high at $2,089 per ounce while Bitcoin (BTC) was breaking back over $10,000. We know what happened from there, investors maintained a risk-on strategy, sending BTC to a record high at nearly $69,000 in November 2021 while gold slipped quietly back down to around $1,750 an ounce.
In 2022, inflation worries are high, bubble talk is in the air, indiscriminate selling is happening, and the Dow Jones Industrial Average is on its biggest losing streak since the market collapse in March 2020 when the COVID-19 pandemic reached fever pitch. To that point, gold surprised to the upside last week by breaking over $1,830 while BTC is back under $34,000, suggesting a more risk averse mentality is overtaking Wall Street where stock pickers will look through the turbulence to find opportunities.
The full version of this article can be found at: https://www.allpennystocks.com/specialreportsca/1653/risk-off-trade-among-investors-has-gold-miners-seeing-a-resurgence-in-interest
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