The European Central Bank expects inflation to be lower in 2022 than it is today. In 2023, it should even be below the two percent target. The US Federal Reserve also expects inflation to fall in 2023. It should also not be forgotten that inflation is gaining momentum globally. The recent figures of double-digit rise in producer prices in Germany speak volumes. The inflation boom of the 1970s and 1980s also began with a rise in the price of oil. Today, the price of natural gas has risen sharply, as has the price of building materials. At that time, the high price of oil drew a series of other price increases. Prices for consumers were raised, as were wages. Today, we can already see rising wage pressures in the US.
Rising rates of inflation, initially driven by rising energy prices and then taking on a life of their own via a wage-price spiral, are therefore unlikely to remain as temporary as the central banks and politicians would have us believe. But even if there were only one year with four or five percent currency devaluation, the money would remain worth less by this order of magnitude. Unless a deflationary phase were to follow, which is not to be expected at present. This environment should therefore strengthen the gold price, even if the strong US dollar is currently a headwind for the gold price. If the US dollar depreciates and this will happen, this is the moment when it could go with the gold price significantly upwards. That's when you could be in time with gold companies like Aztec Minerals or Revival Gold.
Revival Gold - https://www.youtube.com/watch?v=N0FElXWa4Nk - has shown very good drill results on its Beartrack-Arnett gold project, up to almost 12 grams of gold per ton of rock could be achieved.
Aztec Minerals - https://www.youtube.com/watch?v=N0FElXWa4Nk - has a 75 percent interest in the Tombstone concession in Arizona and is working on its Cervantes gold-copper project in Mexico.
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.
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