Corona crisis meets chocolate santa clause
On the one hand, the food retail trade ordered less and on the other hand, the export sector also had to report declines in orders. According to the Association of the German Confectionery Industry, the number of Santa Clauses produced in Germany fell by around 1.3 percent to around 151 million.
Missing Christmas markets and celebrations, sparsely populated city centers are to blame. It is interesting to note that about one third is exported, even as far as Canada, Australia and the USA. On the other hand, garbage has increased in Germany. Significantly more glass and plastic was collected, an increase of around six percent in each case. Paper, especially newsprint, was collected much less, because you can read online. But the proportion of cardboard boxes has increased. Hardly any visits to restaurants, but takeaway food and brisk online trade made a big difference.
Conclusion: waste avoidance in Corona times is not easy. "The corona crisis is also a plastics crisis," says Greenpeace consumer expert Viola Wohlgemuth. The low sales of the chocolate men, to return to these, is regrettable. If more were sold, this could fuel inflation. Catch-up effects after the crisis will not bring a chocolate boom any more. But higher demand due to the pent-up consumerism and also investment activity will increase the demand for raw materials, whose prices are skyrocketing, and so a wave of inflation, i.e. money devaluation, could set in.
In order to arm yourself against this and to preserve accumulated wealth, an investment in gold and gold shares, for example in OceanaGold or in Osisko Gold Royalties, is recommended.
OceanaGold - https://www.youtube.com/watch?v=pFJ3OgGjwJ0&t=3s - is a mid-sized gold producer with gold projects in the Philippines, where it works closely with the government, in the United States and in New Zealand. Especially the Didipio gold mine in the Philippines could be the big positive surprise 2021 for Oceana. Because a resumption of production could be imminent.
Osisko Gold Royalties - https://www.youtube.com/watch?v=B3xNEYLZvMA&feature=youtu.be - is impressive in terms of the diversification associated with the company alone. The company also built the new Osisko Development, a gold company created by spinning off various projects.
Latest corporate information and press releases from OceanaGold (www.resource-capital.ch/en/companies/oceanagold-corp/) and Osisko Gold Royalties (www.resource-capital.ch/en/companies/osisko-gold-royalties-ltd/).
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