JP Morgan sagt 6.300 $ – warum crasht Gold genau JETZT

Gold Plunges $1,000 – Gold Mines Down 30%: Is the Bull Market Over? | Christine Melian (Fund Manager, MCM Analytics) Gold has lost over $1,000, and some gold mining stocks have even plummeted by more than 30 percent. What's behind this – and has the long-term case for gold and gold mining companies been broken? I discuss this with Christine Melian, fund manager of a gold mining equity fund, which achieved exceptional performance last year thanks to the gold price explosion. Christine is American and is conducting this interview in German – many thanks for that. Gold has lost over $1,000, and some of her expertise makes this interview exceptional. We discuss: – why gold has fallen despite the Iran war and its "safe haven" status – the expected trading range over the summer and the forecasts from UBS and JP Morgan – central banks as sellers (Turkey) and buyers (Poland, China), de-dollarization, and the debate surrounding alternative reserve units – why operating margins and energy costs are crucial for gold mines – the four criteria for stock selection: country/jurisdiction, management, financial strength, and projects – portfolio construction with core and non-core positions and the role of cash – contrarian thinking and why sell-offs have historically often been the best entry points ⏱ Chapter 00:00 Intro – Gold crashes, gold mines down 30% 00:53 Why is gold falling? Christine's Long-Term View 01:22 The "Suit Gauge": Inflation & Supply 02:20 Trading Range $3,500–$4,500 & Forecasts (UBS, JP Morgan) 03:23 Iran War, Safe Haven & Geopolitical Risk Premium 04:39 Central Banks: Sellers vs. Buyers 05:07 De-dollarization & the "UNIT" 05:52 Are Gold Mining Stocks Still Interesting? The Margin Question 06:45 Energy Costs, Free Cash Flow & Strait of Hormuz 08:03 "Buy When the Cannons Fire" 08:30 Why Fundamental Analysis Is Necessary for Gold Mines 10:09 Stock Selection: The Four Categories 11:28 Portfolio Construction: Core & Non-Core 13:38 When Does Cash Start Working? 14:11 Thinking Contrarian & Long-Term Perspective 🔗 Links More from Christine Melian / MCM Analytics: https://mcmanalytics.ch/ More analyses & Geopolitical Wealth Insider: https://dietmarpeetz.com If you're interested in market updates like these: Subscribe to the channel and activate notifications so you don't miss anything. ⚠️ Important Notice / Disclaimer This video is for general information, opinion-forming, and orientation purposes only. It does not constitute investment advice, financial analysis, a buy or sell recommendation, or an offer or solicitation to buy or sell financial instruments. Securities, companies, price targets, and market forecasts mentioned (including those from third parties such as UBS or JP Morgan) are purely examples and represent the personal assessments of the interviewees at the time of recording; they are subject to change at any time and may not materialize. Investments in gold, gold mining stocks, and funds involve significant risks, including the risk of total loss. Past performance is not a reliable indicator of future results. Do not make any investment decisions based solely on this video. Consult a qualified, regulated advisor before making any investment decisions. The individuals involved may have a vested interest in the topics discussed. #Gold #GoldPrice #GoldMines #PreciousMetals #Inflation #Geopolitics #WealthProtection #GoldMiningStocks #InvestmentStrategy