What could actually cause the gold price to fall deeply would be a strong global economy, a strong US dollar, security and peace, and perhaps a solved euro crisis. But all this is far, probably very far away from the current reality. Physical gold has been a hedge against weakening currencies or against inflation. The same applies to the values of gold companies. The recently crashed gold price is recovering again. Weak U.S. economic data and a weakening U.S. dollar certainly had a causal effect. As a result, bond yields have also fallen.
Currently, rising Corona figures are causing concern again. This is positive for the gold price. The right timing is never easy. Whether now is exactly the right time to enter the precious metal - difficult to answer. Predictions are also difficult when it comes to inflation. Often inflation can occur relatively suddenly. Therefore, gold should simply always be present in the portfolio. Gold is also a hedge against general instability. Therefore, it could also rise in price if the real interest rates are once again in positive territory.
Now in the summer months, the gold price usually only moves sideways. If the gold price seems to be favorable, investors worldwide will increasingly buy again. For an investment in gold shares, which should be considered as a medium to long-term investment, is therefore almost always the right time. Who would like to set on a growing enterprise, Gran Colombia Gold - https://www.youtube.com/watch?v=L5hh1HKQP7Y&t=165s -. Should take a look at. In addition to multiple exposures, the company owns the Segovia mine in Colombia. This delivered production of more than 101,000 ounces of gold in the first half of 2021.
While not yet a producer, Condor Gold - https://www.youtube.com/watch?v=UT5UrBiITMU&t=1s - owns three projects in Nicaragua. At the same time, the La India project, a historic gold mine, is already fully permitted. Initially, it should be possible to produce around 100,000 ounces of gold.
Current corporate information and press releases from Gran Colombia Gold (- https://www.resource-capital.ch/de/unternehmen/gran-colombia-gold-corp/ -).
In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed 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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