Corona crisis hits chocolate Santa Clauses – columns

The sales of chocolate Santa Clauses fell in the pandemic year.

On the one hand, the food retail trade has ordered fewer and, on the other hand, the export sector also had to report a decline in orders. According to the Association of the German Confectionery Industry, the number of Santa Clauses made in Germany fell by around 1.3 percent to around 151 million.

Missing Christmas markets and celebrations, sparsely filled city centers are to blame. Interesting that around a third are exported, even as far as Canada, Australia and the USA. In contrast, there has been an increase in waste in Germany. Significantly more glass and plastic was collected, an increase of around six percent each. Paper, especially newsprint, became significantly less, you can read online. But the share of cardboard boxes has gone up. Hardly any restaurant visits, but rather take-away food and lively online trade made their mark here.

Conclusion: Avoiding waste in times of corona is not easy. “The corona crisis is also a plastic crisis,” said Greenpeace consumer expert Viola Wohlgemuth. The low sales of the chocolate men, to come back to this again, is regrettable. Selling more could fuel inflation. Catch-up effects after the crisis will no longer bring about a chocolate lice boom. But a higher demand due to the pent-up consumption and investment activity will increase the demand for raw materials, the prices of which will soar, and a wave of inflation, i.e. currency devaluation, could start.

In order to protect yourself against this and to preserve accumulated assets, an investment in gold and gold stocks is recommended, for example in OceanaGold or in Osisko Gold Royalties.

OceanaGold – – is a medium-sized gold producer with gold projects in the Philippines, where there is close collaboration with the government, in the USA and in New Zealand. The Didipio gold mine in the Philippines in particular could be the big positive surprise for Oceana in 2021. Because there could be a resumption of production.

Osisko Gold Royalties – – impresses with the diversification associated with the company. The new Osisko Development, a gold company, has emerged from the company by outsourcing various projects.

Current company information and press releases from OceanaGold (- -) and Osisko Gold Royalties (- -).

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