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Press release Box-ID: 1112874

Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

Gold pays off

(PresseBox) (Herisau, )
Of course, the price of gold is subject to fluctuations, but over the years it is a very good investment.

Calculated in euros, the precious metal has generated an annual return of 9.7 percent over the past 20 years. In 2000, a fine ounce of gold cost around 300 U.S. dollars. In 2010, it was already around 1,000 U.S. dollars per ounce, with inflation at less than 1.5 percent at that time. Currently, we are at just under 1,900 U.S. dollars per ounce of fine gold. This clearly shows that over the longer term, gold investors win. The situation is different with paper money, where there is no increase in value, plus higher inflation. Consequently, the purchasing power goes down. It is always pointed out that everyone should provide for their own retirement, not an easy undertaking.

Currently, the gold price pleases investors less. Last week, the price of the precious metal fell for many months briefly even below 1,800 U.S. dollars per troy ounce. The cause was certainly the outflows in gold ETFs, which totaled 58 tons in the last three weeks. And in general, a strong U.S. dollar and higher yields are not conducive to the gold price. Still, the movements in the gold price seem exaggerated. After all, by and large, gold is one of the best performing assets and should remain so in 2022. Price-driving factors that could soon push the gold price back in the other direction are present. These include economic expansion, uncertainties and risks. Investment demand will pick up again and then it will be worthwhile to stay with gold investments or to use weak phases for an entry. Among the promising gold investments are Fury Gold Mines and GCM Mining.

Fury Gold Mines - https://www.youtube.com/watch?v=p8HSFGdXx0g - has high-grade projects in Nunavut, Quebec and British Columbia.

GCM Mining - https://www.youtube.com/watch?v=Cygvde0ucEA - is already a medium-sized gold producer with its Segovia operations in Colombia. Last year, more than 200,000 ounces of gold were produced there.

Latest corporate information and press releases from Fury Gold Mines (- https://www.resource-capital.ch/en/companies/fury-gold-mines-ltd/ -) and GCM Mining (- https://www.resource-capital.ch/en/companies/gcm-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.

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/

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.