Gold or silver, that is the question here

37.5 percent chose gold as the top performer and 36.8 percent went for silver. Eight percent chose copper as the third most popular asset. Analysts say gold is well positioned to continue trending higher in price. That's because if a recession spreads through the U.S. economy, the Fed will rethink. The expectation is that interest rates will peak at five percent. If this occurs, the Fed will reverse the monetary tightening. The U.S. dollar also appears to have peaked.

A lower U.S. dollar and market sentiment changing in favor of gold will strengthen gold. Experience shows that before a recession, gold prices weaken, but then outperform other markets. And the gold price has already recovered. So, a reversal by the Fed is probably already priced in. So, some analysts are predicting that gold will do well in 2023, silver maybe even better. Because silver has been neglected by many investors, it therefore has a lot of potential, according to precious metals expert Everett Millman of Gainesville Coins, for example. He also points to the scarce supply available for silver investment products.

The U.S. financial services company Wells Fargo, one of the world's most valuable banks, sees the price of gold in 2023 between 1,900 and 2,000 U.S. dollars per ounce. If the price of the precious metal moves, then the price could go higher. To be in on a rising gold price, an investment in gold companies would be possible, such as Gold Terra Resource or Tier One Silver.

Gold Terra Resource's Yellowknife City Project is located in the Northwest Territories in the prolific Yellowknife Greenstone Belt. It covers approximately 800 square kilometers and has very good infrastructure conditions.

Tier One Silver - https://www.youtube.com/watch?v=X7nDOPabASA - scores with its flagship Curibaya project in Peru. The company focuses on silver, gold and base metal projects in Peru.

Current corporate information and press releases from Gold Terra Resource (- https://www.resource-capital.ch/en/companies/gold-terra-resource-corp/ -) and Tier One Silver (- https://www.resource-capital.ch/en/companies/tier-one-silver-inc/ -).

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/

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