Inflation hits everyone
(PresseBox) - Gone are the days when savings still yielded plenty of interest.
Savings accounts could be used profitably in the 1990s because year-on-year inflation rarely exceeded two percent and interest rates were above five percent. Since the financial crisis, however, savings returns have been unable to keep pace with inflation. Now, in 2021, the challenges have grown even more. Massive disruptions to supply chains around the world have pushed inflation to levels not seen in decades. On top of that, there is a sense of higher purchasing power loss in the euro area. This brings us to the topic of shadow inflation. According to one survey, perceived inflation in the first quarter of 2021 was 4.5 percent, while officially it was around one percent.
If it looks like prices are staying the same, there can still be hidden inflation, shadow inflation. It happens either through a lower service, for example cheaper waiters or less cleanliness in the restaurant. Or there is a longer wait for goods and less choice.
Strangely enough, an increase in the price of gas or at the pump is painfully felt, but hardly at all in terms of wealth and savings. Otherwise, savings rates in this country or even in the US might not be so high. That s where diversification and assets like gold investments help.
Here, OceanaGold - https://www.youtube.com/watch?v=PtFuwcmAl9E -, an experienced gold producer, would come into consideration. The company s properties are in the Philippines, New Zealand and the US.
Revival Gold - https://www.youtube.com/watch?v=83mQKWrKaGw - has already had nice drill results at its Beartrack-Arnett gold project in Idaho. This was formerly the site of a large producing gold mine.
Current company information and press releases from OceanaGold (-https://www.resource-capital.ch/en/companies/oceanagold-corp/ -).
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.
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 accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
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Datum: 29.10.2021 - 02:47 Uhr
Sprache: Deutsch
News-ID 649873
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"Inflation hits everyone"
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