It is very likely that most will simply hold onto their gold in search of even higher values. There is no real reason for anyone to take profit right now.
This trend affecting mining stocks is not tied to one or two companies either. All of the companies involved in mining precious metals have seen a significant boost since March of 2020
It is the first time in history that so much “extra money” is brought into circulation in quick succession. No one knows what the consequences will be.
In total, there are just four assets with a positive performance over the past year, which isn’t exactly promising. It is an unfortunate side effect of the coronavirus crisis.
With gold prices hitting a seven-and-a-half year high last week, the coming weeks will undoubtedly get very interesting. As more stimulus packages are announced globally, the price is likely to remain near the high end of the spectrum.
This particular method of a scam is not new. Over the years, the gold industry has noted ample fraudulent approaches reported by clients.
Consumers and enterprises all over the world are keeping a very close eye on their portfolios these days, as financial turmoil is wreaking havoc on …
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