Gold as life insurance
The next few years will be all about prosperity and economic survival
Receive up-to-date information about the company directly via push notification
Since 1999, the price of gold has been on an upward trend. Physical gold is used to maintain wealth. Measuring the value of gold in monetary currencies that are losing value is difficult. But in uncertain times like now - what consequences the pandemic will have in terms of prosperity, finances and the division of citizens is still entirely uncertain - gold acts like an insurance against adversity. After all, crises in the fiscal, social and political spheres could loom.
And if confidence in governments and central banks wanes, gold should become all the more attractive for investors, especially if the gold price is seen as having a strong future, as it is now. A positive gold performance is expected by the World Gold Council, among others, for 2021, even if the extent will not be as great as last year, where at the end of the year there was a plus of around 25 percent calculated in U.S. dollars. The low interest rate environment will remain, and investors will continue to back gold due to the threat of inflation and rising budget deficits.
Corrections in the gold price should be seen as long-term entry opportunities. Many analysts see a gold price of around 2,500 U.S. dollars per fine ounce as realistic. Of course, this also strengthens the gold companies. With well positioned companies such as Ridgeline Minerals or Karora Resources, one should consider taking action.
Ridgeline Minerals owns four gold projects in Nevada, all of the Carlin type. The Carlin East Project, the Swift Gold Project in the Eureka Trend, the Selena Property and the Bell Creek Project.
Anyone interested in a gold producer should not lose sight of Karora Resources - https://www.youtube.com/watch?v=AS9q0qP6jl0, with two producing gold projects in Western Australia. In 2020, the company was able to bring in a record annual production of almost 100,000 ounces.
Current corporate information and press releases from Karora Resources (https://www.resource-capital.ch/en/companies/karora-resources-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/