AXL Capital Media

The monthly tracking from January 2018 to March 2020 in the upper and lower range, all the values at the end of each month of the Gold prices are within the estimates. However, it should be noted that for the first time since the model operates, daily gold prices from March 16 to 24 exceeded the estimated lower limit, all other days real gold prices were within the established ranges. To date, the model operates within its 90% confidence limits. Graph # 1: Tracking model results vs. real Gold price data, monthly close (10 am LBM) January 2018- March 2020. Gold prices for March 2020 exhibited above-average volatilities, the closing of the borders between countries by the COVID-19 in the first place delayed gold, explained above due to massive sales of the gold medal to cover short positions in the stock market and seek and possess liquidity among investors and entrepreneurs. In this way, it is the first time that the lower

Will Gold repeat or exceed the prices of the last recession of 2008? How will this increase the cash flow of the Gold mining companies, strengthen their financial position, their reinvestment options, their long-term strategies, and their benefits for their stakeholders and the joy of their shareholders? Gold has benefited from global uncertainty and risk aversion mainly due to the Washington-Beijing trade war and fears of the end of one of the longest bullish business cycles. The price of gold has risen by more than 16% this year. The big beneficiaries? Gold miners could see their income for this second semester (H2) of 2019 increase by 25 US $ million for every 100 KAuoz of production, considering a budget of the Gold price for 2019 at 1,200 US $ / Auoz and price of the final sale of US $ 1,450 / Auoz. In other words, for every 1 Million Auoz produced for this H2, income would rise by 250 MM the US $, only due to the effects of Gold prices. “Nice dilemma” for Gold miners, th