PreciousMetals

Commented by Carsten Mainitz on October 15th, 2021 | 11:25 CEST

First Majestic, Silver Viper, Barrick Gold - Best prospects for precious metals

• PreciousMetals

For the first time since December 1993, the inflation rate in Germany reached a value of over 4%. In the USA, too, the rate rose to 5.4%, although economists had actually expected it to fall. Nevertheless, the central banks are currently making no attempt to counter inflation by raising key interest rates. No one wants to jeopardize the tender little plant of the economy after the disastrous Corona year. Surprisingly at first glance, prices for precious metals as a "crisis currency" are not rising to the extent that would be expected. But there are clear signs that demand will increase strongly.