Gold is in demand from different sides
Gold can thus be described as a strategic asset. Gold is a scarce commodity and benefits from high liquidity. A well-diversified portfolio also includes investments in shares of gold companies. The pandemic and its consequences also pose challenges for investors, investments may have to be rethought, strategies changed. Overall, more citizens are venturing to invest in shares, as there is nothing to be gained from saving money in a bank account. Those who have already invested in gold should be in a good position at the current gold price.
Many global equity markets are now at extreme levels, improving the risk profile of many portfolios. The economic consequences of the Corona pandemic are enormous, and many countries will continue to use fiscal policy tools to manage these consequences for a long time to come. Budget deficits and balance sheets require intervention, and it is time for the investment community to subject financial investments to scrutiny.
With economic recovery on the horizon, gold consumption should also increase, and investors can continue to hedge with gold. For example, from stocks like Skeena Resources or CanaGold.
Skeena Resources - https://www.youtube.com/watch?v=AaOfkA_AA2s - is reviving the formerly producing Snip and Eskay mines in British Columbia in the Golden Triangle.
CanaGold's main project is the New Polaris property. It is located in northwestern British Columbia on the west bank of the Tulsequah River near the Alaska border.
Current corporate information and press releases from Skeena Resources (https://www.resource-capital.ch/en/companies/skeena-resources-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