Golden starting moments – columns – PERSONAL-FINANCIAL.COM

It is high time to get started not only with gold, but also with gold companies that convince with their projects.

The gold price jumped back above 1,800 US dollars a troy ounce. A weak dollar helped. Calculated in euros, the troy ounce of gold costs over 1,500 again. The fans of silver, which has even risen faster than gold in price, were especially pleased. In the longer term, precious metal investments can be seen. If the prices are low, you should take advantage of cheap entry points and wait and see.

The news about the vaccine from Pfizer and BioNTech had added to the gold price. But a vaccine and the Covid-19 virus cannot paralyze the bull market in precious metals. The road to normality will still take a while. Because it takes a lot of vaccination units, storage and logistics are not easy. Life, and with it the quarrels, for example between the USA and China, will continue with the new president.

The economic recovery will cause further deficits and increase the national debt mountains. It seems today that precious metal prices were only temporarily pushed down by the vaccination news. In the long run, fundamentals remain good for strong precious metals prices. Those who want to be clever will do well to bet on gold and silver. Be it in physical form or with a leverage on the shares of precious metal companies such as Victoria Gold or Fury Gold Mines.

Victoria gold – – owns the Eagle gold mine in the Yukon, which was brought into production status this year. This is located on the Dublin Gulch gold property, where recent drilling has returned up to 25.10 grams of gold over one meter per ton of rock.

Tracked in Canada Fury Gold Mines – – Gold projects such as the Eau Claire gold project in Quebec. An aggressive drill program is intended to update the resource.

Current company information and press releases from Victoria Gold (- -) and Fury Gold Mines (- -).

In accordance with Section 34 of the WpHG, I would like to point out that partners, authors and employees can hold shares in the companies addressed and that there is thus a possible conflict of interest. No guarantee for the translation into German. Only the English version of these messages applies.

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 assumed for damage caused by using this blog. I would like to point out that stocks and especially warrant investments are generally associated with risk. The total loss of the capital employed cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of any content. Despite the greatest care, I expressly reserve the right to make errors, particularly with regard to figures and rates. The information contained here comes from sources that are believed to be reliable, but do not claim to be correct or complete. Due to court judgments, the content of linked external pages is jointly responsible (e.g. Hamburg Regional Court, in the judgment of May 12, 1998 – 312 O 85/98), as long as no express distancing is made. Despite careful control of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource AG also applies:

PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section.
PERSONAL-FINANCIAL.COM AG is not responsible for content that is recognizable by third parties in the “News” area
This website has been discontinued and does not adopt it as its own. These contents are in particular through
a corresponding “from” mark below the article heading and / or through the link
“To read the full article, please click here.” responsible for
this content is solely the named third party.


Related Articles

Back to top button