Covid 19 outbreak as a snowflake that triggered an avalanche

A gold expert on the margins of the virtual Mines and Money online conference recently called the rise in the price of gold in recent months and its opportunities.

“We are still in the early stages of this next bull market, which is likely to be the most violent and percentage largest bull market since it started in 1999-2000,” said analyst and gold expert Thomas Puppendahl. For the next three years, he predicts a gold price of $ 5,000 an ounce and a silver price of $ 50.

Silver would develop even better than gold. Because in a bull market, the silver price moves more. That was already evident in 2010, when silver rose from $ 17 to $ 50 in nine months. By the way, Puppendahl sees the final price peak for gold around 2025.

It seems certain that the third bull market started with gold. We will see how high the price is, in any case, lucrative opportunities can always be used in the gold sector. Investors should not only look at the gold price in US dollars, but be aware that gold has already peaked in all other currencies.

Instead of investing in physical gold, opportunities should also be taken when investing in gold companies such as Aurania or Auryn Resources.

Aurania Resources – – is active in South America in terms of precious metals and copper. Among the mineral properties that Auryn is advancing, The Lost Cities Cutucu project in the Andes in Ecuador is the main project.

Auryn Resources – – is also a young exploration company focused on precious metals and base metals. The portfolio includes six projects. The high-quality Committee Bay project in Nunavut and the copper-gold project Sombrero in Peru are particularly significant.

Current company information and press releases from Aurania (- -) and Auryn Resources (- -).

In accordance with section 34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies in question and that there is therefore a potential conflict of interest. No guarantee for the translation into German. Only the English version of this news applies.

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