This is the conclusion reached by the Bridgewater Associates LP hedge fund. The pressure on the highest ranks of politicians to continue printing money, the zero interest rates and the geopolitical upheavals will certainly be with us for some time to come. But the central banks cannot increase gold.
Hence, it can protect the portfolio. And many experts assume that the precious metal still has great upside potential. Since the beginning of the year, the gold price has appreciated by around 30 percent against the US dollar and against other currencies. But compared to previous gold price movements, this was still pretty modest. There have been three-digit rallies. In QE1 (quantitative easing, December 2008 to March 2010), i.e. the expansion of the money supply by central banks, the gold price increase was three-digit. Likewise with the QE2 (end of 2010). The aim of quantitative easing is to bring inflation closer to the target set by the central bank.
Many industry experts believe that the upward trend in the gold price is still in its infancy. You shouldn’t wait until gold becomes too expensive after all. Because then it could be too late to generate decent returns. And since gold is one of the very few assets that protects against currency depreciation, investors should familiarize themselves with investing in gold companies.
Revival gold – https://www.youtube.com/watch?v=c9RNjT0mcTY – Works on the Beartrack-Arnett Gold Project (Indicated Resource of 36.4 million tonnes at 1.16 grams of gold per tonne) in Idaho. An exploration and drilling program is currently running over 10,000 meters. A preliminary economic assessment is nearing completion for the first phase of a mining restart.
Ximen Mining – https://www.youtube.com/watch?v=zA8SiS2cMc8 – focuses on its precious metal properties in British Columbia and is one of the largest landowners there. The Gold Drop and Brett Gold projects are particularly in focus, as is the Treasure Mountain silver project.
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