If gold were to rise again as a commitment to cover the money supply, then demand for the precious metal would probably reach new highs. Gold investors would benefit from this. This is good news for gold investors, because the value of the metal would rise sharply if it were increasingly used by central banks in the next monetary era, not just as a reserve asset, but as a commitment to cover the money supply. Recent events have also shown that during crises, such as a war in Europe or a pandemic, gold experiences strong demand. Gold provides security. How stock markets can crash was seen recently when major players in the market such as Apple, Amazon and Microsoft lost significant market value in a very short period of time. When comparing stock markets and gold, gold clearly does better. Stock indices fall and rise with the waves of liquidity created by the banks. But gold is immune to this.
Gold and also silver should be set for a sustained rally. At the same time, the gold price should also be considered in different currencies. As a rule, the gold price is quoted in US dollars. With the sharp rise in the U.S. dollar this year, the price of gold in other currencies, such as the euro, has gone up more than the price of gold in U.S. dollars. In the corona year 2020, the performance of gold in almost all major markets was better than the respective stock indices. So, you should bet on gold, for example with stocks like Canagold Resources or GoldMining.
GoldMining has one of the largest gold resources (more than 26 million ounces of gold) in its projects in Brazil, Peru, Colombia, Canada and the United States.
Canagold Resources – https://www.youtube.com/watch?v=7UPcsGXmoMI – scores with excellent drill results from its New Polaris project in British Columbia.
Latest corporate information and press releases from GoldMining (– https://www.resource-capital.ch/en/companies/goldmining-inc/ -).
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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