Trading as GOLD on the TSX Venture Exchange and GLDLF on the OTC Markets, GoldMining Inc. is a junior resource company. The business is dedicated to the acquisition, exploration, and development of gold projects in the Americas that are at the resource stage.
Amir Adnani believes that the destruction of fiat currencies will greatly benefit gold as a store of value. He mentions the concerns over negative interest rates and the massive amount of monetary policy easing, highlighting the need to protect wealth and consider physical assets like gold.
Highlights
- 💰 Gold will be the ultimate beneficiary of the destruction of fiat currencies.
- 💸 Negative interest rates and monetary policy easing are causing concern among investors.
- 🌍 The current global situation is exposing vulnerabilities in the traditional concept of store of value.
- 📉 The liquidity crunch has affected gold prices temporarily, but the setup is there for a strong gold market.
- 🌐 The lack of confidence in central banks and fiat currencies may lead people to seek alternative stores of value like gold.
- 🔒 There is a scramble for physical gold as a safe haven, leading to a shortage in the market.
- ⚖️ The paper market and the physical market for gold are currently disconnected.
Gold has been a form of fiat currency for millennia and has stood the test of time as a safe haven asset during uncertain and turbulent markets. Unlike cryptocurrencies, gold is a tangible and solid asset that acts as a good hedge against inflation.
Highlights
- Gold has traditionally weathered economic storms and is a reliable form of fiat currency.
- Cryptocurrencies, being intangible assets, have experienced greater volatility and downturns compared to gold.
- Gold’s stability and physical nature make it a safe haven asset that protects portfolios and acts as a hedge against inflation.
- 🏆 Gold has stood the test of time as a reliable form of fiat currency.
- 💰 Cryptocurrencies have faced greater volatility and downturns compared to gold.
- ⚖️ Gold’s physical nature and stability make it a safe haven asset.
- 📉 Cryptocurrencies’ intangibility makes them susceptible to market turbulence.
- 🌍 Global events impact gold’s position as a safe haven asset.
- 📊 The gold-to-silver ratio is currently around 90-1.
- 🛡️ Gold acts as a hedge against inflation and helps protect portfolios.
The CEO of Gold Mine Incorporated, Alastair Still, discusses the importance of gold as a hedge against inflation and uncertainty in the economy. He believes that gold provides stability and acts as a physical asset in times of turbulence.
Highlights
- 💰 Gold serves as a hedge against inflation and provides stability in uncertain economic times.
- 💼 Alastair Still has over 25 years of experience in the mining industry and is the CEO of Gold Mine Incorporated.
- 📉 The current inflationary rates are around 7%, but the actual impact may be higher, making gold a solid investment choice.
- 🏭 The mining industry has adapted well during the pandemic, showcasing its resilience and strong operational policies.
- 📈 Gold prices are expected to remain solid or increase in the long term due to the demand and desire for gold as a physical product.
- ⚡ Copper also presents a significant opportunity due to its demand in infrastructure development, particularly in electric vehicles.
- 🔍 When evaluating mining companies, investors should consider the experience of the management team and the fundamentals of the company’s assets.
These videos were conducted on behalf of GoldMining Inc, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: https://portal.goldstandardir.
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