Developing The Highly Acclaimed Coringa Property in Brazil

High Grade Gold Of 28.80 g/t Au, with 95.50 g/t Ag, 3.51% Pb and 0.66% Zn Intersected over 1.0 m at Coringa

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Zedsta

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Long Term

posted on Nov 19, 07 06:28AM

If you're in for the long term, you shouldn't particularily care that the price of gold is at 3-week lows. What should matter is the view that although we could be heading towards recession, inflation is likely to accelerate with the weakening of the USD, hence gold should remain strong as a hedge for inflation.