Gold and silver super cycle
Vaccinations against the Covid 19 pandemic could add to the strength of gold and silver prices in the meantime, but the value of precious metals as a safe haven should clearly outweigh them. And as for monetary easing, while it could become less intense, the damage is already very large and long-term. The mountain of debt in the major economies is immense.
Fiat currencies have lost value and will continue to allow gold and silver to shine as coveted vehicles of value. Money can be printed, gold and silver cannot. In the new year, central banks are still aiming for inflation of at least two percent annually. The money printing will continue. Thus, the fundamental data for the precious metals are also good in the near future. This is because the central banks' departure in the area of economic stimulus can be quickly overlooked. Strong inflationary pressure will be the result.
Precious metal prices will benefit directly from this. On the other hand, companies in the precious metals sector offer a good risk-reward ratio. This is because their deposits in the ground will appreciate in value. Examples of fundamentally good companies are Kuya Silver, Vizsla Resources or Condor Gold.
Condor Gold - https://www.youtube.com/watch?v=4tSmFPSMTDk - owns the La India gold mine in the historic La India gold district in Nicaragua, the diamond drilling program is underway, and preparation of the processing plant has begun. Thus, Condor Gold is on the transition from a gold exploration and development company to a gold producer.
Kuya Silver - https://www.youtube.com/watch?v=4tSmFPSMTDk - is also on historic ground. The Bethania silver property in Peru used to yield silver, zinc and lead. At the Cobalt Camp in Ontario, Kuya Silver is looking to acquire a large land package to develop a silver mine.
Vizsla Resources - https://www.youtube.com/watch?v=lauHNuCYADI - owns nearly 10,000 hectares of land with its Panuco silver-gold project in Mexico. Recent drilling has returned up to just over 2,000 grams of silver and up to 11.55 grams of gold.
Latest corporate information and press releases from Kuya Silver (https://www.resource-capital.ch/en/companies/kuya-silver-corp/) and Vizsla Resources (https://www.resource-capital.ch/en/companies/vizsla-resources-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.
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