Summer Interview on Gold, Silver and Tudor Gold
Out of the limelight
Last year, around the same time, the gold price was in a very similar position. But while there was a lot of euphoria last year, there is none of that at the moment. This speaks for gold and the currently stable price around the 1800-dollar mark confirms this. From this starting point, new highs could soon be reached. The situation is similar for silver. Even if the silver price has not yet been able to completely separate itself from its big brother, everything speaks in favour of silver.
The paradigm shift
Be it food prices or building materials, inflation is making itself felt in many sectors. The basic cost of a car, for example, rose by 100%. The same increase can also be seen in copper. Meanwhile, the central banks assure us that inflation is only temporary. But is this really the case? As we have shown in this year’s In Gold We Trust Report, a paradigm shift has taken place. Inflationary forces now generally prevail.
Developments at Tudor Gold
Tudor Gold has found one of the largest gold deposits in the last three decades with its Treaty Creek project. It is currently working hard to find out how much is in the deposit. Another goal for the year is to use drilling to determine the limits of the mineralization. In this light, the current slight weakening of the price is to be laughed at and should not be a cause for concern.
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