It is uncertain when inflationary pressure will rise and thus the attractiveness of gold as a safe haven. In any case, as long as the war continues, energy and food prices will remain high and even continue to go up. Supply chain problems will also remain. After all, Russia is the third largest producer of crude oil and also the third largest in terms of wheat production. Add to that the fact that Ukraine is the fifth largest producer of corn. Exports from these two countries are lacking or reduced, which in turn is reflected in prices. In this environment, the gold price was able to record the best quarter in two years.

So it’s high time to look around at gold companies, for example Chesapeake Gold or Condor Gold. Chesapeake Gold – https://www.youtube.com/watch?v=ZQHD1y5fPuk&t=1s – is active in North and South America. Main project is the Metates project, which convinces with nice drill results. Condor Gold – https://www.youtube.com/watch?v=kylBHygyO-Q&t=2s – owns 100% of the La India gold project in Nicaragua, which is already fully permitted and in production set up mode.

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.

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