Whether China or even Russia declare their gold reserves in the actual amount is questionable.
Thus, it is suspected that the two countries are preparing to turn their backs on the U.S. dollar system. A system in which gold has a predominant position could be the goal. Many major central banks have sold dollars while increasing gold reserves. Currency devaluation and inflation, which is no longer under control, as well as the enormous national debt, could eventually take their toll. In the process, inflation could be much higher than depicted. Global debt adds up to around $300 trillion. Rising interest rates could lead to major dislocations. Cranking up the money printing machine will not help.
The one constant that no one can simply print and multiply is gold. Now gold is stuck between an aggressive Fed and fears of stalled inflation. But despite the strong volatility of assets other than gold, the price of gold is proving quite stable. That's because gold continues to benefit from safe-haven demand due to heightened geopolitical risks and concerns about lower equity markets. And this could have a stronger impact than concerns about higher interest rates. Similarly, awakening physical gold demand could strengthen gold prices. For example, India's gold imports recovered in May, and demand in China at least has not deteriorated further despite the lockdown. Swiss trade data also reinforce this trend. For private investors, a gold investment to stabilize the portfolio is advisable, for example with the values of Osisko Gold Royalties or Golden Rim Resources.
As a royalty company with more than 160 royalty and precious metal sales, Osisko Gold Royalties - https://www.youtube.com/watch?v=1LTHxgrpX7Q - already offers diversification for investors.
Golden Rim Resources - https://www.youtube.com/watch?v=srU4o-uP8oY - is focusing its attention on its gold project in Guinea. With the current sale of projects on hold in Burkina Faso, the company is well funded to continue to advance work in Guinea.
Latest corporate information and press releases from Osisko Gold Royalties (- https://www.resource-capital.ch/en/companies/osisko-gold-royalties-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/
Thus, it is suspected that the two countries are preparing to turn their backs on the U.S. dollar system. A system in which gold has a predominant position could be the goal. Many major central banks have sold dollars while increasing gold reserves. Currency devaluation and inflation, which is no longer under control, as well as the enormous national debt, could eventually take their toll. In the process, inflation could be much higher than depicted. Global debt adds up to around $300 trillion. Rising interest rates could lead to major dislocations. Cranking up the money printing machine will not help.
The one constant that no one can simply print and multiply is gold. Now gold is stuck between an aggressive Fed and fears of stalled inflation. But despite the strong volatility of assets other than gold, the price of gold is proving quite stable. That's because gold continues to benefit from safe-haven demand due to heightened geopolitical risks and concerns about lower equity markets. And this could have a stronger impact than concerns about higher interest rates. Similarly, awakening physical gold demand could strengthen gold prices. For example, India's gold imports recovered in May, and demand in China at least has not deteriorated further despite the lockdown. Swiss trade data also reinforce this trend. For private investors, a gold investment to stabilize the portfolio is advisable, for example with the values of Osisko Gold Royalties or Golden Rim Resources.
As a royalty company with more than 160 royalty and precious metal sales, Osisko Gold Royalties - https://www.youtube.com/watch?v=1LTHxgrpX7Q - already offers diversification for investors.
Golden Rim Resources - https://www.youtube.com/watch?v=srU4o-uP8oY - is focusing its attention on its gold project in Guinea. With the current sale of projects on hold in Burkina Faso, the company is well funded to continue to advance work in Guinea.
Latest corporate information and press releases from Osisko Gold Royalties (- https://www.resource-capital.ch/en/companies/osisko-gold-royalties-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/
