Investors continue to believe in gold
Thus 31 percent of Germans believe that gold will be the number one investment in the next three years. In second place comes the shares. Market surveys show that market experts, but also small investors expect further price increases for gold. A further price increase still 2020, in the second half of the year even 87.2 percent of the investors expect. This despite the record high.
Confidence has never been greater than it is today, including surveys, for example from "BuillionVault". Gold is thus living up to its status as a crisis currency. The background is the geopolitical uncertainties, as well as the Corona pandemic.
From a seasonal perspective, August is also a good gold month. On average, i.e. in "normal times", August brought an average gain of 1.07 per cent. August is in fifth place overall among the best gold months. In the past 50 years, August has brought in a plus in 60 percent of cases. Incidentally, a year ago the price of gold rose by a massive eight percent. This was caused by the trade disputes between China and the USA.
Should the corona crisis continue or the economic situation worsen in the autumn, then an increase in investments in gold as well as a further shortage of physical gold would not come as a surprise. The developments could become turbulent. For security reasons, a rather longer-term engagement in solid gold companies is recommended. Mawson Resources or Vizsla Resources, for example, could be considered here.
Mawson Resources - www.commodity-tv.com/ondemand/companies/profil/mawson-resources-ltd/ - has just made it clear with a name change to Mawson Gold where the focus is, namely on gold. Exploration results in Finland (Rompas Rajapalot Gold Cobalt Project) and Australia (Victoria and Mt Isa) should be closely followed by investors.
Vizsla Resources - www.commodity-tv.com/ondemand/companies/profil/vizsla-resources-corp/ - holds an option to acquire the Panuco district in Mexico. This covers almost 9,400 hectares. A mill, roads, power and permits are in place, as are epithermal silver and gold deposits.
Latest company information and press releases from Mawson Gold (https://www.resource-capital.ch/de/unternehmen/mawson-gold-ltd/) and Vizsla Resources.
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the companies addressed in each case and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
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