Many investors have increasingly stocked up on gold and silver, as shown by the Degussa Market Review.
Private investors were eager to buy the Krugerrand in gold or the Maple Leaf in silver or gold. Pandemics or economic turbulences could not change this. According to statements from Degussa Goldhandel, buyer behavior has stabilized at a high level after the gold boom year of 2020. Precious metal buyers with the mental background of long-term investments have remained loyal to precious metals. At Degussa, the best-selling goods included, in addition to Maple Leaf and Krugerrand, Degussa gold bars, weighing one ounce of gold, but also in various denominations. If online trading was already very strong in 2020, it picked up speed again in 2021. Also with the collector coins the trend went up, the demand goes according to Degussa, "unchecked" upwards.
Degussa is Europe's largest precious metals trader in the private customer segment and achieved customer sales of more than €2.5 billion in 2019. In addition to online trading, which has skyrocketed, Degussa has expanded its business, with more lockers and more buying rooms now serving increased customer interest. And Degussa also expects the current year to be a good one in terms of precious metal sales, because buyer interest will rise as a result of rising interest rates in the USA, as will the price of gold. If, in addition, the jewelry markets recover, as in India, then the price of the precious metal should continue to rise. To invest in gold, investors can also bet on gold companies. For example, on Chesapeake Gold or GCM Mining.
GCM Mining - https://www.youtube.com/watch?v=Sr5GaectIig - is an established gold producer in Latin America with several mines in Colombia (Segovia property).
Chesapeake Gold - https://www.youtube.com/watch?v=Njv4DJ24bHQ - owns the world-class Metates gold-silver project in Durango, Mexico. A positive pre-feasibility study has already been completed.
Current corporate information and press releases from 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/
Private investors were eager to buy the Krugerrand in gold or the Maple Leaf in silver or gold. Pandemics or economic turbulences could not change this. According to statements from Degussa Goldhandel, buyer behavior has stabilized at a high level after the gold boom year of 2020. Precious metal buyers with the mental background of long-term investments have remained loyal to precious metals. At Degussa, the best-selling goods included, in addition to Maple Leaf and Krugerrand, Degussa gold bars, weighing one ounce of gold, but also in various denominations. If online trading was already very strong in 2020, it picked up speed again in 2021. Also with the collector coins the trend went up, the demand goes according to Degussa, "unchecked" upwards.
Degussa is Europe's largest precious metals trader in the private customer segment and achieved customer sales of more than €2.5 billion in 2019. In addition to online trading, which has skyrocketed, Degussa has expanded its business, with more lockers and more buying rooms now serving increased customer interest. And Degussa also expects the current year to be a good one in terms of precious metal sales, because buyer interest will rise as a result of rising interest rates in the USA, as will the price of gold. If, in addition, the jewelry markets recover, as in India, then the price of the precious metal should continue to rise. To invest in gold, investors can also bet on gold companies. For example, on Chesapeake Gold or GCM Mining.
GCM Mining - https://www.youtube.com/watch?v=Sr5GaectIig - is an established gold producer in Latin America with several mines in Colombia (Segovia property).
Chesapeake Gold - https://www.youtube.com/watch?v=Njv4DJ24bHQ - owns the world-class Metates gold-silver project in Durango, Mexico. A positive pre-feasibility study has already been completed.
Current corporate information and press releases from 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/
