August 1st, 2022 | 06:00 CEST
Desert Gold Ventures CEO Jared Scharf on gold as a hedge against inflation
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"[...] As we look at four or more zones in more detail from the beginning, investors can expect a continuous news flow that will underscore our vision of the Holy Grail project as a giant opportunity. [...]" Nick Luksha, President, Prospect Ridge Resources
Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.
In the current rising inflation, what advantage can Desert Gold Ventures offer its investors and what is the distinguishing factors that separate the company from its peers?
'Traditionally gold has performed as a hedge against inflation but also as a safe haven during times on extreme market volatility and uncertainty like we are in today. Generally speaking, gold equities like Desert Gold are a proxy to the gold price and react exponentially both to the upside and downside.
If you think we are at or near a bottom in gold now is the time to seriously look at investments in gold equities. Desert Gold’s stands out from its peers due to our regional SMSZ Project 440km2 land package. From an investment perspective we are trading at a deep discount to our peers from a market/oz gold basis.
Also, if you look at the way we spend our investors dollars, Desert Gold has by far one of the lowest, if not the lowest, discovery cost per oz gold.'
Jared Scharf, CEO, Desert Gold Ventures Inc.
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