Inflation of 10.1 percent in July marks another record high in the UK. That is, after all, the highest increase in 40 years. And the central bank there is even predicting up to 13 percent inflation to come. Food prices and energy prices in particular have caused the new record level. The fact that economic output is expected to fall at the same time makes matters even worse. So if inflation is forecast to be on the retreat for other countries, that is not necessarily the case.

This development should have a price-increasing effect on the gold price. If countries in the euro zone get into trouble, this should be priced into the precious metal. For example, in Italy, consumer prices are also rising, GDP growth is becoming much weaker and public debt has reached enormous heights. In Italy, inflation was consistently above ten percent between 1973 and 1984. It was only later that inflation rates were brought down. And historically high inflation rates can also be found in other EU countries. In Spain, consumer prices rose by 10.7 percent year-on-year in July. Looking at the euro area as a whole, inflation reached 8.9 percent in July (HPVI index). According to a survey, 68 percent of Germans expect inflation figures to continue to rise, while only seven percent expect them to fall. More than half of German citizens are concerned about retirement provisions. In the long term, an investment in gold or gold shares can provide some security and stability or value retention. With gold projects (Witwatersrand Basin), PGM metals projects and an exposure to battery metals, Sibanye-Stillwater – https://youtu.be/PVts2qwFfPw – shines on five continents. Denarius Metals – https://youtu.be/0vavK-uZyxQ – is active in Colombia (Guia Antigua project, Zancudo project), with the flagship project being the Lomero project (gold, silver, copper, lead, zinc) in Spain.

Current corporate information and press releases from Sibanye-Stillwater (https://www.resource-capital.ch/de/unternehmen/sibanye-stillwater-ltd/ ) and Denarius Metals (https://www.resource-capital.ch/de/unternehmen/denarius-metals-corp/ ).

In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.

 Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are fundamentally 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 a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 – 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The
disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/

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