The ongoing Ukraine war will continue to give strength to gold as the ultimate currency.
Wars cannot harm gold in terms of value retention. And especially in inflation and debt crises, gold is the investment of choice. The industrialized nations have accumulated enormous debts. In 1980, for example, the U.S. national debt was still one trillion U.S. dollars; today it is more than 30 trillion U.S. dollars. Calculated in gold, this would be a multiple of what has ever been mined. The debt problem is compounded by demographic change and the level of interest rates, which makes for negative real interest rates. In the case of sovereign debt, this reduces the debt burden, so it must be assumed that this will continue for some time. For the gold price, this is a positive environment.
The word "inflation" comes from the Latin "inflare," meaning to inflate, and refers to the expansion of money supply. The consequence of this is then rising consumer prices, the "price inflation" arises. The target for inflation in the euro zone is two percent. However, a loss in value of two percent per year leads to a loss in purchasing power of almost 50 percent within 20 years. And we are a long way from two percent inflation today. The importance of gold as a store of value has been demonstrated many times in history. For example, during the hyperinflation of 1923, 500 grams of gold could buy entire blocks of houses. In a balanced investment strategy gold simply belongs to it. Because in safe and especially in uncertain times gold shows itself as the rock in the surf of the financial investments. The values of Tudor Gold or Skeena Resources can profit from a rising gold price.
Tudor Gold - https://www.youtube.com/watch?v=owGxeiA9OgQ - has commenced the 2022 exploration program at its flagship Treaty Creek Gold Project in British Columbia.
Skeena Resources - https://www.youtube.com/watch?v=7UPcsGXmoMI - is also working in British Columbia to revive the formerly producing Eskay Creek gold-silver mine.
Current corporate information and press releases from Skeena Resources (- https://www.resource-capital.ch/en/companies/skeena-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 applies: https://www.resource-capital.ch/en/disclaimer/
Wars cannot harm gold in terms of value retention. And especially in inflation and debt crises, gold is the investment of choice. The industrialized nations have accumulated enormous debts. In 1980, for example, the U.S. national debt was still one trillion U.S. dollars; today it is more than 30 trillion U.S. dollars. Calculated in gold, this would be a multiple of what has ever been mined. The debt problem is compounded by demographic change and the level of interest rates, which makes for negative real interest rates. In the case of sovereign debt, this reduces the debt burden, so it must be assumed that this will continue for some time. For the gold price, this is a positive environment.
The word "inflation" comes from the Latin "inflare," meaning to inflate, and refers to the expansion of money supply. The consequence of this is then rising consumer prices, the "price inflation" arises. The target for inflation in the euro zone is two percent. However, a loss in value of two percent per year leads to a loss in purchasing power of almost 50 percent within 20 years. And we are a long way from two percent inflation today. The importance of gold as a store of value has been demonstrated many times in history. For example, during the hyperinflation of 1923, 500 grams of gold could buy entire blocks of houses. In a balanced investment strategy gold simply belongs to it. Because in safe and especially in uncertain times gold shows itself as the rock in the surf of the financial investments. The values of Tudor Gold or Skeena Resources can profit from a rising gold price.
Tudor Gold - https://www.youtube.com/watch?v=owGxeiA9OgQ - has commenced the 2022 exploration program at its flagship Treaty Creek Gold Project in British Columbia.
Skeena Resources - https://www.youtube.com/watch?v=7UPcsGXmoMI - is also working in British Columbia to revive the formerly producing Eskay Creek gold-silver mine.
Current corporate information and press releases from Skeena Resources (- https://www.resource-capital.ch/en/companies/skeena-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 applies: https://www.resource-capital.ch/en/disclaimer/
