New investments in the USA - good for commodities
Government debt continues to rise. In the USA, President Biden also relies on new debts
Receive up-to-date information about the company directly via push notification
The USA wants to spend three trillion US dollars on infrastructure and domestic needs, including schools and families. The economy is to be boosted and the quality of life improved. This is an immense sum, after just 1.9 trillion U.S. dollars were approved for the fight against the pandemic. New roads, hospitals and green energy systems are to be launched in line with the election promise.
The infrastructure package is to include, among other things, around one trillion U.S. dollars for roads, bridges, railways, charging stations for electric cars and for the mobile network. In family matters, paid family vacations are also in the plan. The huge investment sum has been circulating for weeks. Congress is expected to support the proposals. The Corona aid package was financed entirely with debt.
In any case, it is clear that these massive investments, i.e. debts, are certainly good for raw materials such as gold and silver, but also for copper, which is increasingly needed for infrastructure measures. It should make sense to look at companies with gold and copper or silver in their projects, such as Aurania Resources or Aztec Minerals.
Aurania Resources focuses on copper and precious metals in South America. In the Andes in Ecuador is the main project, The Lost Cities-Cutucu project (gold and copper). A recent private placement will inject fresh cash into the treasury. This will be used for exploration expenditures for Cutucu.
Aztec Minerals - https://www.youtube.com/watch?v=DxLuuHwWb_8, together with a partner, operates the Tombstone project in Arizona. Following a recent acquisition, the project now covers 434.4 hectares. On the other hand, Aztec Minerals owns the Cervantes gold-copper property in Mexico.
Current corporate information and press releases from Aurania Resources (https://www.resource-capital.ch/en/companies/aurania-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