Gold and silver revalued
The price jumps are huge. The silver price last November was around 14 US dollars per troy ounce. Now the precious metal has become much more attractive. Today, more than $18 must be put on the table for one troy ounce. Since April 2017 silver has been less expensive. Inflows into silver ETFs are extremely high, net long positions are expanding. The gold-silver ratio has dropped to 84 as silver has currently risen more than gold. That still makes silver cheap.
A year ago, an ounce of fine gold cost about $1200. Today, about 300 US dollars more must be berappt. Gold has also seen strong ETF inflows. The price of gold in various currencies, with the exception of the US dollar, has already reached highs and even exceeded them. There are now voices from industry experts who speak of a revaluation of precious metals.
Real interest rates are falling and this is what makes gold and silver so attractive. In addition, there are the trade conflicts and an increasing economic slump. In any case, further upward price movements would not be unlikely, but are even expected by many. So you should use back-sets in the price as entry opportunities - and take a look at the gold companies.
There's US gold and gold mining. US Gold - https://www.youtube.com/watch?v=xpE2IohL3kE - owns a portfolio of development and exploration properties. The Keystone gold project on Nevada's Cortez trend in Nevada and the Copper King project in Wyoming are particularly important.
GoldMining - https://www.youtube.com/watch?v=64LwDmT8Nxo - is one of the largest resource owners with its projects. The projects are located in Canada, Brazil, Colombia, Peru and the USA. Special attention is paid to the Yellowknife Gold Project in Canada and the Titiribi Gold Copper Project in Colombia.
Current company information and press releases from US Gold (www.resource-capital.ch/de/unternehmen/us-gold-corp/) and GoldMining (www.resource-capital.ch/de/unternehmen/goldmining-inc/).
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