The Gold Standard
Although a return to the gold standard is unlikely at the moment, it is still an interesting topic.
It is more likely that the USA will continue to increase its gold reserves. The discussion about the gold standard alone, however, could give further impetus to the gold price. US President Donald Trump has long been a gold fan and a fan of the gold standard. Its sanctions and tariffs also seem to aim at reducing the trade deficit.
A return to the gold standard would not be easy. Then the rest of the world would have to do the same. And the USA would have to increase its gold reserves extremely. The price of gold would then also have to be significantly higher. But all this, according to economists, would probably lead to a depreciation of the US dollar on the way to gold cover and thus to inflation first. The effects on the US economy would be great, the FED could no longer print money at will.
Nevertheless, there are supporters of the gold standard who believe above all that they can free the USA from its debts in this way. In any case, a return to the gold standard would have many advantages, but also disadvantages. The fact that the discussion is always flaring up cannot harm the price of gold.
At present, this not only pleases investors, but also gold companies such as Bluestone Resources or Auryn Resources. Bluestone Resources - https://www.youtube.com/watch?v=FjsHNthG_vs - is pleased with its Cerro Blanco gold project in Guatemala according to the Feasibility Study. About 146,000 ounces of gold are expected to come out of the mine each year. Recent drilling has returned up to 11.2 grams of gold per tonne of rock.
Auryn Resources - https://www.youtube.com/watch?v=puN7UI1QvR0&t=12s - has a prospective gold project in Nunavut and a gold copper project in Peru. In addition, there are five other projects. H.C. Wainwright & Co. recommends Auryn Resources to buy and quotes a target price of USD 2.10 per share.
Aktuelle Unternehmensinformationen und Pressemeldungen von Auryn Resources (https://www.resource-capital.ch/de/unternehmen/auryn-resources-inc/) und Bluestone Resources (https://www.resource-capital.ch/de/unternehmen/bluestone-resources-inc/).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies and that there is therefore a potential conflict of interest. No guarantee for the translation into German. Only the English version of these messages is valid.
Disclaimer: The information provided does not constitute any form of recommendation or advice. The risks involved in securities trading are expressly pointed out. No liability can be accepted for damages arising from the use of this blog. I would like to point out that shares and in particular warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. For the correctness of all contents however no guarantee is taken over. Despite the greatest care, I expressly reserve the right to make an error, particularly with regard to figures and prices. The information contained herein has been obtained from sources believed to be reliable, but does not claim to be accurate or complete. Due to judicial judgements the contents of linked external sides are to be answered for also (so among other things regional court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no express dissociation from these takes place. Despite careful content control, I do not assume any liability for the content of linked external sites. The respective operators are solely responsible for
their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/
