The global economy is also not running as smoothly as one would like. If the economy continues to weaken, it will probably be difficult for central banks to implement tightening measures. After all, with national debts of almost 30 trillion US dollars, higher interest payments are naturally extremely problematic. Looking at the past also shows that during Fed rate hike cycles, such as between 2015 and 2019 or between 2004 and 2005, the price of gold has risen significantly. For example, between 2015 and 2019, the Fed raised interest rates nine times and at the same time the price of gold went up by almost 35 percent. A similar thing happened in the 1970s.
So, there is no reason to doubt gold as a value preservation vehicle. Investors could therefore look at stocks like Gold Terra Resource or Caledonia Mining.
Gold Terra Resource – https://www.youtube.com/watch?v=Pi1uEfDSBcA – is working on the Yellowknife City Gold Project in the Northwest Territories, a large project with previously producing gold mines.
Caledonia Mining – https://www.youtube.com/watch?v=6qbb2Yt3DtE – has been successfully producing in Zimbabwe at the Blanket Gold Mine.
Current corporate information and press releases from Gold Terra Resource (- https://www.resource-capital.ch/en/companies/gold-terra-resource-corp/ -) and Caledonia Mining (- https://www.resource-capital.ch/en/companies/caledonia-mining-corp/ -).
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/
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