AXL Capital Media

A change of energy paradigm is underway, and Tesla is the protagonist, as in early July 2020, the market value of Tesla Inc. surpassed that of ExxonMobil Corp. In a sign that investors are increasingly betting on a global energy transition away from fossil fuels. See the comparative chart of the capitalizations of these two companies: Although today, Thursday, September 3, 2020, Tesla set back by 9% the business model implemented by Elon Musk, in less than 10 years it exceeded by 30% the market capitalization of the largest mining companies in the world, and it's aggregate 100 years of operation. Another curious fact to highlight is that Tesla's market capitalization for September/2020 is 1.36 times greater than the combined sum of the two largest copper and gold mining companies in the world, see table: The mining companies have lagged as a result of the expectations of revenue growth that investors have assigned to the mining industry. For t...

Following the model developed by the AXL Capital Management team, this report provides the projected levels of gold prices for August 2020. For August, the model indicates an upper limit of 2,077 US$/Oz and a lower limit of 1,898 US$/Oz. On average, the model shows 1,987 US$/Oz. The economic reactivation plan in July exceeded analysts' expectations adding 1.8 MM Vs. 1.6 MM expected, and unemployment claims decrease week by week (1.31 MM). US COVID-19 infections reached 3.8 MM versus the previous month's report, which indicated 3.1 MM and 160,737 Vs. 133,420 previously reported deaths. At AXL Capital, we believe that the uncertainty in the coming months will be the presidential elections in the USA, which would favor gold prices in the short term. In the medium term, the money injected by the Federal Reserve (more than 2.8 trillion US$) could generate inflation. For which reason, Gold will continue to be appreciated and valued as the preferred refuge asset. ...

At AXL Capital, we believe that gold will NOT steadily decline until the COVID-19 vaccine passes Phase 3 and is approving by the FDA, then, the aftermath of the pandemic will continue, and companies-and countries-will face the big issue of their high debts. In the words of investment guru Ray Dalio, the big challenge is to achieve beautiful deleveraging. According to the data published today 08/30, the US economy accumulated to the second quarter a setback -32.9% due to the effects of the closing of businesses, lower speed of money, therefore, lower consumption per capita due to the Coronavirus pandemic. For that reason, Wall Street is declining, with the Dow Jones index at -1.24%; Also, due to a request to postpone the US presidential elections beyond November 2020. On the other hand, golds join the general decline and fall from its historical maximum yesterday, 29/07, to 1,980 US$/oz (after more than ten consecutive days of rising), currently standing at 1,947 US$/...

Following the model developed by the AXL Capital Management team, this report provides the projected levels of gold prices for July 2020. For July 2020 the model indicates an upper limit of 1,877 US$/0z and a lower limit of 1,710 US$/Oz. On average the model indicates 1,788 US$. The US economy and its reactivation plan were threatening by an increase in the number of people infected by COVID-19 to 3.1 million (the previous month's report indicated 2 million) and 133,420 deaths. Unemployment claims continue to decrease week by week (1.31 MM vs. 1.41 MM). At AXL Capital, we currently see as the only threat to the continuity of the plan to reopen the US economy, a resurgence of the Coronavirus, and the potential quarantine at home with the main factor for the decline of the stock market and a new rally of Gold prices.  Gold prices in the first week of July surpassed 1,800 US$/oz, a resurgence of the Coronavirus would increase the levels of uncertainty and would put ...

Following the model developed by the AXL Capital Management team, this report provides the projected levels of gold prices for June 2020. For June 2020, the model indicates a lower limit of 1,640US$/0z and an upper limit of 1,812 US$/Oz. This upper limit continues to increase will see if, in the coming months, it can indicate a trend. The U.S. economy is following its recovery plan, and New York - the state with the highest number of COVID-19 infections - has also entered its first phase of economic recovery. With the U.S. employment data and the growing number of people infected -and dying- by COVID19, we will see in the coming weeks if Gold can reach the upper limit of the AXL Capital model: 1,812 US$/Oz or on the contrary, it is close to the lower limit; 1,640 US$/Oz. The economic reopening and a resurgence of the virus crown correlate, in the short term, indirectly and directly, respectively, with the prices of Gold. Likewise, in the last two weeks, there has b...

The first week of June starts with all the SPX, Nasdaq, and Dow Jones indices (14:30 hours), rising an average of 0.44%. Citigroup, one of the largest banks in the world (current market capitalization of US$ 98.5 trillion), says that the rise in the stock market does not reflect reality, and there will be collateral damage. The price of gold rises by 0.4% to $1,739/Oz at that time. At AXL Capital, we see that this reflects a high level of competition between those who are betting on the market's recovery in line with the rampant economic reopening in the US and the global injection of dollars underway, versus large investors who in April and May were able to reap the benefits of years and raise their cash levels as Warren Buffet - one of the largest investors of all time - did, pointing to a new, healthy and significant market downturn reflected in a worldwide Recession, technically for the second quarter of the year due to the effects of the COVID-19 according to the ...

According to the model developed by the AXL Capital Management team, this report issues the projected levels of Gold prices for May 2020. For May 2020, the model indicates a lower limit of US $ 1,619 / 0z, and an upper limit of US $ 1,787 / Oz, the latter represents the maximum value since November 2012. When analyzing those results with technical price indicators, the conclusion made that if the upper lateral channel of US $ 1,742 / Oz breaks, the next level projected by the model is feasible to reach: US $ 1,787 / Oz. Chart # 1: The daily chart of the price of Gold shows a side-channel whose upper level is US $1,742 / Oz, and the lower level is US $1,671 / Oz. The US economy is reopening in many states, a slow recovery of jobs expected, which at the date of this report reaches a record historical figure of 33, 483,000 jobs lost from 03/21 to 05/02 (Data, Federal Reserve Bank of St Louis). That figure represents almost the entire Peruvian population. ...

The Holistic vision by the Engineer Roque Benavides is a very clear explanation of speak of the Economy in times of virus crown and giving the structured approach as the vision of containment, reactivation, Investment with economic, social development, respect for the environment and health care for the workers. @Roque_Benavides: The coronashock is unprecedented. Characteristics of the crisis: Abrupt shock in productive capacity that immediately passes to the financial markets.   Fast and severe: The collapse in the markets (of the equity market and debt) occurred in three weeks. Simultaneous recession in developed and emerging economies. Key characteristics of a scenario for the year 2020: Until after winter, restrictions on some economic activities and the free movement of people. Fiscal response to the crisis equivalent to or more than 3% of GDP. The economic balances of companies and families significantly affected. High credit risk...

By: Yro Sune Cortez Ramos, April 2020. The purpose of this analysis is to assess the current context, market capitalization, risks, the performance of its share price, and, in general, the challenges facing the Minas Buenaventura company due to the diversification of its production in precious metals and base metals. It has a "natural" hedge to the volatility of the price of metals, an essential requirement to reduce risk in any investment portfolio, and it could also have a higher bullish momentum of its share price in the following months.   1. INTRODUCTION Compañía de Minas Buenaventura (BVN), is a Peruvian mining company that performs exploration, mining, and processing of Gold and Silver minerals as well as Copper, Lead, and Zinc. The company operates 7 mines in Peru and keeps a shareholding in major gold mining fields in Peru such as Yanacocha in Newmont with (43.6%), and copper mines such as Cerro Verde in Freeport McMoRan with (19.5 %). COVID-...

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...

According to the model developed by the AXL Capital Management team, this report issues the projected levels of Gold prices for March 2020. The monthly tracking from January 2018 to February 2020 in the upper and lower ranges, the closing prices of exchange to each month of the Gold prices are within the estimates. Just on 24 February, the exchange of ten am issued by the LBM was US $ 1,682 / Auoz just in the upper limit estimated by the model. All other days the real prices of Gold for February within the ranges established. 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) March 2018- February 2020. In February 2020, the level of global uncertainty continued to rise, this time being strongly impacted by the Coronavirus, and with it, the market volatility registered in VIX at the date of this report is at 54.6. Graph # 2: Gold prices broke the lower limit ...

According to the model developed by the AXL Capital Management team, this report issues the projected levels of Gold prices for February 2020. The monthly tracking from January 2018 to January 2020 in the upper and lower ranges, all the values at the end of each month of the Gold prices are within the estimates. 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) February 2018- January 2020. The beginning of the year 2020 has a particular level of challenge for the model's estimates since the tensions between the USA and Iran increased the level of global uncertainty and with it, the market volatility registered in the VIX in January rose to levels above 16 and a New global threat with the virus crown weakened the Chinese Yuan and strengthened the dollar, however, Gold prices did not register greater volatility at the beginning of February 2020. VIX as of the date ...

According to the model developed by the AXL Capital Management team, this report issues the projected levels of Gold prices for January 2020. The monthly tracking from January 2018 to December 2019 in the upper and lower ranges, all the values at the end of each month of the Gold prices are within the estimates. 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- Dec 2019. The beginning of the year 2020 has a particular level of challenge for the estimates of the model since the tensions between the USA and Iran increased the level of global uncertainty and with it, the volatility of the market registered in the VIX rose to levels higher than 16 at the beginning of this week, the above impacts on the price. However, as of the date of this report, the value of the VIX dropped to 12.38. Graph # 2: VIX volatility index. The daily timeframe fr...