You should have gold mine shares - but the right ones
When demand for gold is high, it shows that investor confidence in fiat currencies is waning. The US Federal Reserve in particular cannot like the strong competition of gold. Chris Powell of the Gold Anti-Trust Action Committee, for example, sees it that way.
Gold, as the ultimate currency, is something the central banks would like to have under control. Central banks determine the level of interest rates, which is unfortunately clearly noticeable. No wonder that time and again speculations about manipulation of the gold price are discussed. In any case, the fact is that gold has retained its value over many centuries, the so-called safe haven works.
In order to hedge against the current uncertain environment, investors can invest part of their assets in physical gold or use gold stocks to buy additional leverage on the gold price. Solid companies not only convince with promising projects in mining-friendly regions, but also with highly qualified management and a healthy financial situation.
Such companies certainly include Trillium Gold Mines and Aztec Minerals. Trillium Gold Mines explores and develops gold properties in the Red Lake mining district of Ontario: https://www.commodity-tv.com/play/mining-newsflash-with-skeena-resources-trillium-gold-vizsla-resources-and-karora-resources/. This area is known for high quality gold production. Trillium Gold Mines has reported over 20 grams of gold per tonne of rock in 41 percent of holes drilled over 55,000 metres. The experienced team of experts was recently joined by a geologist who has over 17 years of experience in the area.
Bradford Cooke is also a geologist with over 40 years of experience, and he is chairman at Aztec Minerals, which explores large mineral properties in North, Central and South America. Aztec Minerals' main project is the Cervantes gold-copper concession in Sonoro, Mexico: https://www.commodity-tv.com/play/mining-newsflash-with-gold-terra-resource-mag-silver-aztec-minerals-and-maple-gold-mines/.
Latest company information and press releases from Trillium Gold Mines (https://www.resource-capital.ch/en/companies/trillium-gold-mines-inc/).
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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