It could 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 put to good use. The years of stability under conservative Chancellor Merkel are over. The new German government is likely to be more fragmented. To what extent this will affect the gold price is questionable. Predictions of the chart technique are often overturned by special events.
There are many examples of this, whether the 9/11/2001 attacks, the 2008 oil price crisis, Fukushima, Corona, or the current gas price explosion. No chart can predict such events. In China right now, the fall of the Chinese real estate company Evergrande is making headlines. It has accumulated debts of more than USD 300 billion. 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 US. In contrast, the Swiss central bank SNB sees more of a risk that is not limited to China. In any case, China has already lent billions of US dollars to protect domestic investors from the Evergrande debt crisis.
Unpredictable events, geopolitical risks or elections, many things influence the price of gold. Nevertheless, over centuries, even millennia, the value of gold has remained a stable factor. That is why a part of the investment portfolio should be focused on the precious metal. This is where the stocks of gold companies such as Kore Mining or Maple Gold are suitable.
Kore Mining – https://www.youtube.com/watch?v=aiJqVgb0KWw – is busy with the exploration and development of its Long Valley and Imperial projects in California. The projects are located in prospective areas.
Maple Gold Mines – https://www.youtube.com/watch?v=mFuZJgdUMh0 -, together with its partner Agnico Eagle, is advancing the Douay gold project (recent drilling has returned up to 30 grams of gold per tonne of rock) and the Joutel gold project in Quebec.
Current corporate information and press releases from Maple Gold Mines (- https://www.resource-capital.ch/en/companies/maple-gold-mines-ltd/ -) and Kore Mining (- 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 hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. 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 in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch
Telefon: +49 (2983) 974041
E-Mail: info@js-research.de