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

New crises on the horizon - good for the gold price

It is well known that crises make gold more expensive. A new crisis could arise between Russia and China.

(PresseBox) (Herisau, )
Although relations between Russia and China show a certain strength, they are not free of tensions. The tensions result from old border disputes between the two countries. The new US president could take advantage of this. China is eyeing Russian land in the Far East. And things are not looking good for the Russian economy. The war with Ukraine is expensive and the inflation rate in Russia is now 8.6 percent. Analysts are already seeing similarities between Russia and the USA when the Vietnam War was going on. At its end, the USA slipped into stagflation. Russia is concentrating on its defense industry. These are not goods that create wealth. The Treaty of Aigun gave Russia the whole of Siberia as well as the political border between Russia and China as far as the Amur River - and large reserves of oil. China needs oil imports and is therefore completely dependent. If Siberia were to belong to China again, the country would have an overland oil supply route.

Gold is considered a crisis hedge and protects against inflation. In addition to geopolitical crises, negative real interest rates and the loss of confidence in conventional currencies are also positive factors for the further development of the gold price. Economic uncertainties and dwindling confidence in currencies are increasing the importance of gold and silver as a financial hedge. In view of the fact that the world and Germany are at a critical point, considerations regarding asset protection should increase. Gold and silver are therefore likely to increase in value. This also applies to the stocks of precious metal mining companies. In this area, Tudor Gold and Chesapeake Gold are pleasing.

Tudor Gold - https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ - has gold and copper in its Treaty Creek project in the Golden Triangle of British Columbia. According to the latest metallurgical tests, a high-grade copper concentrate with more than 29 percent copper and gold and silver grades of up to 33 and 96 grams per tonne of rock, respectively, have been detected.

Chesapeake Gold - https://www.commodity-tv.com/ondemand/companies/profil/chesapeake-gold-corp/ - owns the Metates project in Durango, Mexico, which contains gold and silver. Here too, a metallurgical update has delighted the company.

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 (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio 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.