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Gold at altitude

The gold price reached the USD 1,800-mark last week. This means the precious metal has reached a 9-year high

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When corrections occur, gold experts consider them only as short-term setbacks. The new corona cases in the US are also reaching new highs, which is causing concern - and probably new debt levels, as further stimulus measures come into focus. A weaker US dollar has also supported the price of gold.

So, the financial uncertainties are increasing, and gold is the means of protection for many. When investing in gold companies, everything has to be carefully considered, the right company has to be chosen and then wait and see. After all, these are longer-term investments. Perhaps it won't be long before the gold price breaks through the USD 2000 barrier. Then the value of gold companies will also rise. Not so long ago, in May of last year, gold was able to jump above USD 1,300 per troy ounce.

Since a price reset may be the last chance to get in cheaply for a long time, this opportunity should not be missed - and take a closer look at Vizsla Resources or Fiore Gold.

Vizsla Resources is located in the Sierra Madre in Mexico with its Panuco gold-silver project in an excellent area: https://www.commodity-tv.com/play/newsflash-with-millennial-lithium-vizsla-resources-canada-nickel-and-goldmining/. This is evidenced by the latest drill results, which returned up to 199 grams of gold and up to 2,240 grams of silver per tonne of rock.

Fiore Gold, debt-free and with a strong cash position, has again posted a production record for the third quarter: https://www.commodity-tv.com/play/fiore-gold-virtual-roadshow-investor-presentation/. This is thanks to its Pan gold mine in Nevada. At the same time, the company is investing in further exploration at Pan and Gold Rock.

Recent company information and press releases from Vizsla Resources (https://www.resource-capital.ch/en/companies/vizsla-resources-corp/) and Fiore Gold (https://www.resource-capital.ch/en/companies/fiore-gold-ltd/).

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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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.

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