The golden eagle is in demand
(PresseBox) - Europeans are increasingly buying gold bars and coins. The background to this is asset protection.
Experts expect demand for physical gold to remain high in the course of 2023. Even weakening inflation should not change this. In the USA, too, coins and bars are selling like hot cakes. For example, the U. S. Mint sold 215,000 ounces of gold in the form of Eagle gold coins in March. That s the most in about two years, and compared to the same month last year, it s four and a half times as much. And here s another impressive number: compared to February 2023, March sales were up 347 percent. In terms of Eagle silver coins sold by the U. S. Mint, about 900,000 were sold in March, just as they were in February. However, a shortage of silver blanks likely played a role.
We will not know until the end of the year whether the central banks will again buy a record amount of gold this year as they did in 2022. However, industry insiders expect that central banks will again eagerly diversify their foreign exchange reserves with gold this year. As a result, investors are increasingly recognizing the true value of the precious metal. In an environment of uncertainty of a geopolitical nature and global crisis situations in the banking sector, the safe haven of gold is rightly attracting investors. The increasing shift away from the U.S. dollar should also strengthen the gold price. Just think of the emerging markets, which have debts in U.S. dollars and are not enthusiastic about a strong dollar. They d rather turn away. All in all, gold investments are definitely part of investment considerations. Solid companies such as Gold Terra Resource and Revival Gold are good choices.
Gold Terra Resource s - https://www.commodity-tv.com/ondemand/companies/profil/gold-terra-resource-corp/ - prospective Yellowknife City gold project is located in the Yellowknife Greenstone Belt in the Northwest Territories.
In Idaho, Revival Gold - https://www.commodity-tv.com/ondemand/companies/profil/revival-gold-inc/ - is working on its Beartrack-Arnett gold project. A prefeasibility study is not far off.
Latest corporate information and press releases from Gold Terra Resource (- https://www.resource-capital.ch/en/companies/gold-terra-resource-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/
Unternehmensinformation / Kurzprofil:
Datum: 13.04.2023 - 01:40 Uhr
Sprache: Deutsch
News-ID 681380
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"The golden eagle is in demand"
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