Gold is like an anchor in a sea of speculative assets

The monetary anchor gold also works when asset bubbles burst. Gold experienced a long correction phase from August 2020 to 2021, when there was a boom in equities and cyclical commodities. During an economic crisis, the "real price" of gold rises. It is now time to look ahead, as the potential of a longer-term bull market in gold is present, especially if the Fed-created 2020 bubble now recedes. Inflation is still high, with overall inflation in the U.S. at 8.5 percent and core inflation at 5.9 percent, but if price pressures ease, this could bring increased gold buyers into the fold. Gold serves as a retirement asset and it proves its worth in times of crisis. When there is economic or political volatility, the price of the precious metal usually rises. Gold stocks belong in every well-diversified portfolio. These could be Golden Rim Resources – https://youtu.be/jKqyxVf1lpI – or GCM Mining – https://youtu.be/F_nfBdS8N08 -. As a West African gold explorer, Golden Rim Resources scores with its prospective main Kada project in Guinea. It also has projects in Chile. GCM Mining produced about 103,000 ounces of gold at its Segovia operations in Colombia in the first half of 2022. In addition, there is the Toroparu gold-copper project in Guyana, among others, which is expected to start production in 2024.

Current corporate information and press releases from GCM Mining (https://www.resource-capital.ch/de/unternehmen/gcm-mining-corp/ ).

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