Uncertainties also in 2021
So, the road to economic recovery could still hold stumbling blocks. The largest fiscal and monetary policy response ever seen is intended to cushion the economic shock. Increased inflation looms in the years ahead. The high national debt will probably hit the younger part of the population. The immense debts will not pass us by without a trace. There is a threat of social unrest.
Gold offers protection against geopolitical risks. The fact that the low-key interest rates will probably remain frozen until at least 2023 - because if interest rates were to rise, debt would become more expensive - remains a problem for savers. After all, paper money is becoming worth less and less. On top of that, energy prices are rising. The big price drops we saw last year are now a thing of the past.
This could be seen as a bad outlook for all of us. But there is a remedy, namely gold investments. The fact that these offer security has now become firmly established in more and more people's minds. A look at the history of the gold price shows that this is true. If, as many expect a weak U.S. dollar in international comparison is added to this, nothing should stand in the way of a new high in the gold price.
Gold shares such as Caledonia Mining or Revival Gold should not be missing from the portfolio.
Caledonia Mining - https://www.youtube.com/watch?v=7fUXrXanpHw - has been producing gold in Zimbabwe for years with the participation of local investors. Production of up to 67,000 ounces is expected for 2021.
Revival Gold - https://www.youtube.com/watch?v=tXYsvFQ4B1M - is not yet producing, but the Beartack-Arnett Creek gold project in Idaho is expected to produce about 72,000 ounces of gold annually at comparatively low cost, according to a prefeasibility study.
Latest corporate information and press releases from Caledonia Gold (https://www.resource-capital.ch/en/companies/caledonia-mining-corp/).
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.
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