Some are already warning that there may be double digit inflation in food prices. Many things and foods are made on razor-thin margins because competition is fierce. Also, economic growth has been sluggish after the global financial crisis. Today, there is intense global competition and freight rates are high. Often, the economy has also been unsustainable, so input prices have then been pushed down to low levels.
A similar situation can be observed to some extent in the mining industry, where metal prices are often lower than the longer-term costs of their use. Today we have a logjam in the logistics chains. Stocks were low and relatively suddenly had to be topped up. Container rates from China to the West are hitting this. In the West, container rates have increased six-fold. Logistics chains around the world are being affected right now. And Corona is causing truck drivers, for example, to want better conditions and there is now a shortage of them in some regions. There is a shortage of around 400,000 truck drivers in France, Spain and Germany. Ultimately, this will fuel inflation further, because input costs are rising.
Product prices that rise by ten to 30 percent, at least in the short term, could loom. If there is an alignment with Western wages in China, then there will be fewer cheap Chinese goods, but rather a new inflation cycle. In this case, it only helps to act with foresight, to adjust the purchase of goods to the circumstances and to absorb the loss in value with gold investments.
Vizsla Silver - https://www.youtube.com/watch?v=Jyn9Pzia35w - is working on the 100% owned and previously producing Panuco Project (approximately 6,700 hectares, gold and silver) in Mexico. There will be a mineral resource estimate in early 2022.
Tudor Gold - https://www.youtube.com/watch?v=_GzHL8pnm58 - owns the Treaty Creek project in British Columbia in the Golden Triangle, which according to initial mineral resource estimates is perhaps one of the largest gold discoveries in recent decades.
Current company information and press releases from Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/