Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!
Commodity-TV Play Store
Commodity-TV App Store
Commodity-TV

Social Media


Fear of the future and debt will drive the price of gold up

In March a low point in the price of gold and in August an all-time high. What does the future look like?

Receive up-to-date information about the company directly via push notification

Currently, the gold price seems to have found a lower threshold of USD 1,800. In August, economic initiatives, currency devaluation and uncertainties surrounding the US election boosted gold prices. The safe haven was in demand. After the price crash, which did not last long, the troy ounce of gold now costs around USD 1,866.

Many voices are predicting higher gold prices, including Brian Leni of Junior Stock Review. And very many analysts believe that the environment for higher prices has been developing for several years. The pandemic has been a kind of trigger. Volatility creates the conditions for further growth in the price of gold. The major burdens that the pandemic brings with it can bring the price of gold into the range between USD 2,000 and USD 3,000, and some see higher prices coming.

The general conditions, the ultra-expansive monetary policy and the fiscal stimulus measures, will continue to have an effect on the gold price in the new year. Even if the corona crisis is gradually overcome in 2021, the immense mountains of debt that have been accumulated will remain, and these can certainly not be reduced for a long time.

An investment in gold companies, seen in the medium to long term, should not be a bad idea. An investment in Revival Gold or Corvus Gold would come into question.

Revival Gold - https://www.youtube.com/watch?v=CCP6YOVKuQo&t=3s  -  holds the right to acquire all of the shares in the Beartrack-Arnett Creek Gold Property in Idaho. This property used to be the largest gold production operation in Idaho.

Corvus Gold - https://www.youtube.com/watch?v=x-rGASHnr4k&t=18s - is focused on gold and silver deposits in North America, with particular emphasis on the North Bullfrog and Mother Lode projects in Nevada. In addition, Corvus Gold has royalty participations in other North American territories.

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/

 

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required
SRC Mining & Special Situations ZertifikatSRC Mining & Special Situations Zertifikat