Ringler Research

Mines, Metals and Markets commend Ringler Research as of 09.01.2017

Pressemitteilung   •   Jan 09, 2017 17:22 CET

Web page Ringler Research

1: Topic overview

2: General assessment / market commentary Ringler Research

3: Market overview of various asset classes / Charttechnical outlook

4: Performance Chart of different commodities

5: Ratio “Gold stocks (Market Vectors Gold Miners ETF) to Gold”

6: Ratio “Gold stocks (Market Vectors Gold Miners ETF) to US stocks (S&P 500)”

7: Topic of the week: A charttechnical view to an counter-cyclical asset class > the Uranium sector

8: Important Notes, Imprint, Disclaimer



2: General assessment / market commentary Ringler Research:

We are pleased to present you the first issue of our newsletter. The newsletter is provided free of charge to interested capital market participants at irregular intervals and is intended to provide a fast and compact overview of various markets and commodity sectors. We deliberately avoid a lot of text, but instead give you our non-binding assessments on pro and anticyclical investment themes using charts and short comments.

Outlook 2017:

As in the previous year, we expect a variety of uncertainty factors that should strongly influence various asset classes. On the one hand, there are the rising inflation figures worldwide, also due to various basic effects. This should be result e.g. in the United States that the central bank would have to rise interst rates much faster as the weak economy would allow. According to the Institute of International Finance (IIF), world debt has grown exponentially to an unimaginably high figure of USD 217 trillion at the end of 3Q.2016, which corresponds to approximately 325% of the world gross domestic product. Therefore, the risk of rising interest rates, also for the emerging markets, should not be underestimated. We are eager to see if the new US president will actually implement a gigantic infrastructure and economic support program of over USD 1 trillion combined with significant tax reductions. If so, lower tax revenues will lead to higher fiscal deficits and higher overall debt in the coming years. We therefore expect the USD to weaken in the course of the year and wait for charttechnical top reversals. Prices below 100 are the first signs that the upward trend is broken. In the short term, however, further rising prices up to the region of 104.50 and 106.50 are possible.

We are particularly like the bullish fundamentals for copper, zinc in the commodity sector and particulary uranium in the years ahead. As regards the latter, we will provide comprehensive background information in the coming months and will be name some stocks that will benefit from the coming uranium bull market. We are in the medium to long term also bullish for the precious metals gold and silver. In the short term, however, we are waiting to see if the chart's resistance areas around the 1,200 / 1,250 USD area can be exceeded. Only then are the old annual highs of 2016 (1,387 USD) as well as 1,500 USD in the course of the year 2017 are possible. However, if gold falls below the support area of 1,123 / 1,130 USD, we expect a dynamic downward movement to 1,080 and 1,046 USD, respectively.


3: Market overview of various asset classes / Charttechnical outlook


To enlarge the photos please just click on them.


4: Performance Chart of different commodities

To enlarge the photos please just click on them


5: Ratio “Gold stocks (Market Vectors Gold Miners ETF) to Gold”

To enlarge the photos please just click on them


6: Ratio “Gold stocks (Market Vectors Gold Miners ETF) to US stocks (S&P 500)”

To enlarge the photos please just click on them

7: Topic of the week: A charttechnical view to an counter-cyclical asset class > the Uranium sector

To enlarge the photos please just click on them


8. Important Notes, Disclaimers and Other Information:

This newsletter (hereafter “the document”) was created to the best of knowledge and belief. It is for information purposes only by persons resident in Federal Republic of Germany, Switzerland and Austria. Neither the document nor any copy thereof may be made available, transmitted or distributed in nations where local laws would be violated (for example, the United States of America, Japan, England, Australia, Canada and their territories). The distribution of this document and the information contained therein to persons resident in countries other than the Federal Republic of Germany, Switzerland and Austria may be restricted by law, and persons into whose possession this document comes should obtain information about and observe any such restrictions, if any. Any failure to comply with this restriction may constitute a violation of Canadian securities laws or those of the US or the laws of another country.

The object of this newsletter could include companies which are engaged in a risky market. Capital investments of any kind, including those in shares in high-risk markets, such as mining companies, are also exposed to some significant risks or even a total loss. The object of this newsletter could be stocks and financial products which have a low market capitalization. Especially for companies with a low market capitalization, investors must often expect a high volatility and/or low market liquidity. The object of this newsletter / document could involve stocks, financial products, indices and commodities which could be associated with major price risks and is therefore unsuitable for inexperienced or risk-averse investors. This is especially true for all Over The Counter (OTC), i.e. the so-called outside of a monitored stock exchange or a regulated market. The same applies to shares that are traded on the Australian Stock Exchange (ASX), on Canadian stock exchanges (i.e. Toronto or Vancouver) or on the Alternative Investment Market (AIM), a segment of the London Stock Exchange. The bespoken shares and financial instruments are frequently traded on any of these markets in which they are segments of the highest risk category. Instruments which are traded there, are threatened at any time by the possibility of a total loss, high volatility and the possibility of reduced liquidity and marketability in particular due to low trading volumes. High price opportunities are faced with enormous risks. All of the information contained in this newsletter / document neither constitutes a solicitation nor an offer to sell or purchase any investment or for making other transactions. It is not also not a recommendation as part of investment advice. Any forecasts or opinions expressed reflect the personal, subjective and current views of the publisher and are for guidance and information only. This newsletter / document does not take into account particular investment objectives, the financial situation or the particular needs of individual users. The securities, financial instruments, indices and commodities presented in this newsletter / document may not be suitable as an investment instrument for every user. This newsletter / document contains only a non-binding opinion of the investment instruments and market conditions at the time of publication of the document. All assessments of bespoken companies, financial instruments and commodities, in particular price targets, may change without prior notice. No guarantee is given for the correctness of the charts, prices, data and information on the commodity, foreign exchange, interest rate and stock markets presented in the newsletter / document. All data and information obtained are from sources the publisher considers to be trustworthy and reliable at the time of the preparation. Despite all due care and attention in the preparation of the newsletter / document the publisher / the author assumes no liability or responsibility whatsoever for the correctness, completeness and accuracy of the information contained in the newsletter / document and for losses that could arise from any errors, omissions or inaccuracies. Liability claims against Ringler Consulting and Research GmbH or the author which refer to damages of a material or immaterial nature caused by use or disuse of information are generally excluded, unless it is due to intentional or grossly negligent behavior by the author or Ringler Consulting and Research GmbH. In particular, Ringler Consulting and Research GmbH does not guarantee that said projections prove to be accurate, or that price targets / possible future company values will be reached. Furthermore, neither this newsletter / document nor the information contained in it form the basis for any contract or obligation of any kind. Neither by downloading the document nor from the information contained in the document does a broking or investment advisory agreement with Ringler Consulting and Research GmbH come into being. Neither Ringler Consulting and Research GmbH nor the author are registered financial or investment advisors. Any investment decision should therefore take place after previous consultation with a professional investment advisor as well as personal research, for example, all informations published by the bespoken companies. All statements expressed in this newsletter / document should be construed to be forward-looking statements that involve substantial risks and could not be true. The positive performance of a financial product in the past can in no way be an indication of future performance. This newsletter / document, including all of its parts are protected by copyright. Any use outside of the narrow limits set by copyright law is not permitted without the consent of Ringler Consulting and Research GmbH. This is particularly true for copying, microfilming, translating and storing, distributing and processing in electronic systems.

Information pursuant to Section § 34b of the German Securities Trading Act [WpHG] and to Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16, 2014, on market abuse (market abuse regulation) (as of 09.01.2017)

Ringler Consulting and Research GmbH or employees of the Company may at any time conduct buy or sell transactions in the shares of the featured companies (i.e. long or short positions). This also applies to options and derivatives, based on these securities. Those transactions may affect the respective company's stock price under certain circumstances. Published information on the "web pages", the newsletter or the Ringler Research Reports, recommendations, interviews and company presentations are paid by the respective company or third party (so-called "third parties"). The "third parties" include, for example, Investor Relations, Public Relations, Brokers and Investors. Ringler Consulting and Research GmbH may partly directly or indirectly pay for the preparation and electronic distribution and for other services discussed by the company or might be compensated with an allowance of a so-called "third party”. Even if we create each analysis to the best of knowledge and belief and professional standards, we advise you to involve further external sources, such as your local bank or a consultant you trust regarding your investment decisions.

Ringler Consulting and Research GmbH, the author or employees are holding a net long position (in form of stocks or derivative products eg. CFD’s, options) of the following bespoken companies, financial instruments and commodities in this newsletter publication: Global X Uranium ETF, Gold, Silver

Ringler Consulting and Research GmbH has entered into an agreement with the following issuers on the preparation and distribution of a financial analysis (research report) / advertising document, an article or interview issued by it: %

Ringler Consulting and Research GmbH had received or will receive an compensation (in form of stocks) for the preparation and distribution of this document / article or interview from the following companies: %


Mandatory information as well as information to be disclosed. Declaration of the company responsible for preparation, the responsible person and issuer:

Company responsible for preparation of this newsletter / document is Ringler Consulting and Research GmbH. Person involved in the preparation of this document / publication: Carsten Ringler, Managing Director of Ringler Consulting and Research GmbH. 

Person responsible for forwarding or distributing of this document / publication: Carsten Ringler

In this newsletter, we have written articles / company descriptions about the following companies: %

Important sources of information: The main sources of information used for the compilation are published in relevant information services (e.g. www.bloomberg.com, www.reuters.com, Google Finance, www.sedar.com, www.sec.gov, www.asx.com.au), publications of the analyzed companies as well as interviews with management.


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Information about the sensitivity analysis, statement of the Ringler Research stock rating system, the assessment methods and IMPRINT / LEGAL NOTES / DISCLAIMER are available at: www.mining-research.com/disclaimer