Those interested in the gold price know the arguments for a further rise in the gold price. These are the repeatedly mentioned crises worldwide, the lavish gold purchases by central banks and the uncertain global economic situation. Gold stands for crisis currency and safe haven. There have been enough practically unpredictable events in recent years, just think of the pandemic and the Russia-Ukraine war or the Middle East conflict. The climate crisis is also firmly anchored in people's minds, given the floods, droughts and extreme weather events. This affects many not only in terms of mental health, but also in monetary terms. Consumer prices remain high (and are getting higher) and savings are falling in value.
Precious metals such as gold stand for security and gold is a scarce commodity. The largest amount of gold was mined in 2018 (3,652.5 tons of gold). In 2023, global gold production was in second place with 3,644.4 tons of gold. This was only 0.5% more than in the previous year. It is debatable whether 2018 represents peak gold, i.e. the historic high, and whether production will only go downwards. In any case, the technological effort required to develop new gold deposits is increasing and the overall gold content of mined gold deposits is decreasing. Implementing and complying with legal standards in gold mining is often not easy, as there is sometimes a lack of transparency. Buyers of physical gold can avoid illegal gold trading through small-scale gold mining by using reputable sources to buy gold. Another option for investors is to participate in a rising gold price with gold shares. Tudor Gold or U.S. GoldMining would come into consideration.
Tudor Gold - https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ - owns the Treaty Creek project in the Golden Triangle in British Columbia, which contains gold and copper. According to the latest metallurgical tests, the project contains 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.
U.S. GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ - also has gold and copper at its Whistler project in Alaska. The mineral resource estimate is extremely encouraging.
Current company information and press releases from U.S. GoldMining (- https://www.resource-capital.ch/en/companies/us-goldmining-inc/ -).
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/
Precious metals such as gold stand for security and gold is a scarce commodity. The largest amount of gold was mined in 2018 (3,652.5 tons of gold). In 2023, global gold production was in second place with 3,644.4 tons of gold. This was only 0.5% more than in the previous year. It is debatable whether 2018 represents peak gold, i.e. the historic high, and whether production will only go downwards. In any case, the technological effort required to develop new gold deposits is increasing and the overall gold content of mined gold deposits is decreasing. Implementing and complying with legal standards in gold mining is often not easy, as there is sometimes a lack of transparency. Buyers of physical gold can avoid illegal gold trading through small-scale gold mining by using reputable sources to buy gold. Another option for investors is to participate in a rising gold price with gold shares. Tudor Gold or U.S. GoldMining would come into consideration.
Tudor Gold - https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ - owns the Treaty Creek project in the Golden Triangle in British Columbia, which contains gold and copper. According to the latest metallurgical tests, the project contains 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.
U.S. GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ - also has gold and copper at its Whistler project in Alaska. The mineral resource estimate is extremely encouraging.
Current company information and press releases from U.S. GoldMining (- https://www.resource-capital.ch/en/companies/us-goldmining-inc/ -).
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/
