With Fed Chairman Jerome Powell’s statements about accelerated monetary tightening, the price of the precious metal weakened. Nevertheless, the attractiveness of gold is high, at least according to Benjamin Louvet, fund manager at OFI Asset Management. Louvet cites the possibility of another major pandemic as the reason. That’s because central banks would then have to return to loose monetary policy, possibly even more so than before. Certain sectors have suffered greatly from the pandemic, such as tour operators, restaurants and airlines.

If the economy recovers, there is still inflation, which is underestimated in case of doubt. The enormous national debt will probably lead to further declines in real interest rates. And if interest rate hikes are hoped for but do not materialize, the market is likely to respond with strong counter-reactions. Also, among central banks, especially the US one, the view seems to be manifesting itself that inflation is not temporary after all. Therefore, the chances of a higher gold price in the new year are very good. Commodity prices are also being driven not only by the high inflation figures, but also by the energy transition and investments in infrastructure projects.

So, a rally in commodity prices and also in precious metals, led by gold, could be coming. Time to look at companies with gold in the ground.

Aztec Minerals – https://www.youtube.com/watch?v=qZqQl4mZLv0 – owns the Cervantes project in Mexico, which contains gold, copper and silver. In addition, the company is working on the Tombstone project in Arizona (gold and silver), even visible gold has been discovered in drilling.

Vizsla Silver – https://www.youtube.com/watch?v=4iftwdjuCAU – is focusing on the previously producing Panuco project in Mexico, a high-grade gold-silver discovery.

Current company information and press releases from Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -).

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