Gold and silver rise if the US dollar continues to weaken
(PresseBox) - Author and entrepreneur Robert Kiyosaki sees a big crash ahead. Gold and silver help against it.
Because if there is economic trouble in the USA, the Fed will have to print billions of dollars to support the markets. Then the national debt will continue to rise, and the value of the U.S. dollar will consequently continue to fall. A scenario that is good for gold and silver. The entrepreneur assumes that there is already a global recession. Proof of this would have been provided by the rising prices of gold and silver in January. This shows that financial conditions are deteriorating, he said. Kiyosaki also calls gold and silver the "money of God" and calls for investments in these precious metals. This also applies especially to the poor and the middle class, he said, because they are becoming poorer and poorer.
In times of crisis, investors head for the safe haven of gold. This was the case, for example, during the Cyprus crisis (2012/2013) or when the debt crisis manifested itself in Greece (2015). And not only residents in these countries, but also those in completely different regions eagerly bought gold. And if suddenly many buy the precious metal, then supply problems can occur. This could be seen in the spring of 2020 in the course of the Corona pandemic. Precious metal dealers had problems with the supply of gold coins and gold bars. It is better to take care of the asset provision in time. Investors who are less afraid of risks and perhaps want to be rewarded for this with more lucrativeness, upgrade their stock portfolio with gold companies, such as Karora Resources or Fury Gold Mines.
Fury Gold Mines - https://www.commodity-tv.com/play/fury-gold-mines-excellent-drill-results-at-percival-well-financed-for-2023/ - is well financed and owns three properties in Nunavut and in Quebec. The Eau Claire project in Quebec scores with very good drill results (up to more than 22 grams of gold per ton of rock).
Karora Resources - https://www.commodity-tv.com/ondemand/companies/profil/karora-resources-inc/ - is already producing successfully at its two gold mines in Western Australia. At the Beta Hunt Gold Mine, we are pleased to report that measured and indicated gold resources have increased by 20 percent.
Current corporate information and press releases from Fury Gold Mines (- https://www.resource-capital.ch/en/companies/fury-gold-mines-ltd/ -) and Karora Resources (- https://www.resource-capital.ch/en/companies/karora-resources-inc/ -).
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/
Unternehmensinformation / Kurzprofil:
Datum: 17.02.2023 - 02:23 Uhr
Sprache: Deutsch
News-ID 677407
Anzahl Zeichen: 0
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