What pleads in favor of gold investments

0

(PresseBox) (Herisau) Price fluctuations could occur after election – use time to build positions.

It might take some time before a new government is in place in our country. This is likely to be accompanied by uncertainty, but it can be used wisely. Years of stability under conservator Chancellor Merkel are finished. The new German government will likely be more fragmented. How much this will affect the price of gold is debatable. Card technique predictions are often overturned by special events.

The examples are numerous, whether it is the 09/11/2001 terrorist attacks, the 2008 oil price crisis, Fukushima, Corona or the current explosion in gas prices. No chart can predict such events. In China at the moment, the fall of the chinese real estate company Evergrande made the headlines. He has accumulated debts of more than 300 billion dollars. Europe, according to European Central Bank President Christine Lagarde, should only be affected to a limited extent. Jerome Powell, head of the Fed, also sees little impact on the United States. On the other hand, the Swiss central bank BNS perceives more a risk which is not limited to China. In all cases, China has already lent billions of US dollars to protect domestic investors from Evergrande Debt crisis.

Unpredictable events, geopolitical risks or elections, many things influence the price of gold. Nevertheless, over the centuries, if not millennia, the value of gold has remained a stable factor. That is why part of the investment portfolio should focus on the precious metal. This is where the shares of gold companies such as Kore mine or Maple Gold are suitable.

Kore mine – https://www.youtube.com/watch?v=aiJqVgb0KWw – is busy exploring and developing its Long Valley and imperial projects in California. The projects are located in areas of the future.

Maple gold mines – https://www.youtube.com/watch?v=mFuZJgdUMh0 -, in collaboration with its partner Agnico Eagle, is advancing the Douay gold project (recent drilling returned up to 30 grams of gold per tonne of rock ) and the Joutel gold project in Quebec.

Current company information and press releases from Maple gold mines (- https://www.resource-capital.ch/en/companies/maple-gold-mines-ltd/ -) and Kore mine (- https://www.resource-capital.ch/en/companies/kore-mining-ltd/ -).

In accordance with §34 WpHG, I would like to point out that partners, authors and employees may own shares in the respective companies concerned and therefore there is a possible conflict of interest. No guarantee for English translation. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks associated with trading in transferable securities. No liability can be accepted for any damage resulting from the use of this blog. I would like to stress that equities and especially investments in warrants are always associated with risk. The total loss of invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the accuracy of all contents. Despite the greatest care, I expressly reserve the right to make mistakes, especially with regard to figures and prices. The information contained in this document comes from sources believed to be reliable, but does not claim to be accurate or complete in any way. Due to court decisions, the content of linked external sites is also jointly responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation with them. Despite careful control of the content, I assume no responsibility for the content of external linked pages. The respective operators are exclusively responsible for their content. Disclaimer Swiss Resource Capital SA also applies: https://www.resource-capital.ch/fr/disclaimer/

.

Share.

About Author

Leave A Reply