Great uncertainties – gold has consistency

The experts at UniCredit see two possibilities for what the further development could be. The first of the two alternative scenarios assumes a strong recession with a further increase in short-term inflationary pressure in the euro area. This would be based on an intensification of the Ukraine conflict or a ban on all energy imports from Russia. This would have a significant impact on the European economy. An inflation rate of ten percent would be possible.

A second scenario could result in the upswing in the euro zone slowing somewhat but aligning itself with one percent annual growth. Inflation persists. However, companies are drawing lessons from supply chain problems and looking for solutions. A mismatch between supply and demand is keeping prices high for many commodities. And the European Central Bank must raise key interest rates into the restrictive range to get inflation and inflation expectations under control. In any case, many economic experts warn that losses in prosperity are inevitable. Economic growth will fail to materialize and purchasing power will decline. Many raw materials will remain expensive for a long time, bottlenecks and shortages are possible. The times when raw materials and energy were comparatively cheap are over for the time being. Since these raw materials are often needed in industry, industry will feel the effects. And expensive energy and expensive raw materials, which were previously not an issue in Germany, are now a reality. Rethinking also in the matter of value preservation and asset investment is necessary. This also includes gold and gold shares.

Trillium Gold Mines – https://www.youtube.com/watch?v=EJhYV3h0pLA – has 55,000 hectares of prime Ontario gold country in the Red Lake Mining District with the Newman-Todd Complex.

Calibre Mining – https://www.youtube.com/watch?v=ROarJZeeC2c – is a mid-tier gold producer with projects in Nicaragua, Washington and Nevada.

Current corporate information and press releases from Trillium Gold Mines (- https://www.resource-capital.ch/en/companies/trillium-gold-mines-inc/ -) and Calibre Mining (- https://www.resource-capital.ch/en/companies/goldmining-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.

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