- Investors are taking disparate approaches to gold as unusual inflation pressures raise questions about economic safeguards but the U.S. government continues to tout fiat strength amid employment positivity
- StraightUp Resources enters 2022 with a tailwind driving enthusiasm about its gold prospects in Ontario’s famed greenstone belt and a historically metal-rich region in the western United States
- In China, jewelry markets are beginning to recover from the COVID-19 pandemic’s darkest days, reporting a 44.99 percent year-over-year jump in consumer purchases of gold jewelry largely responsible for driving up the larger gold market
- StraightUp recently announced approval of an early exploration permit for a portion of its RLX North property, heralding activity this summer on the adjacent RLX North and RLX South exploration sites
Gold investment has become a betting man’s game as highest-in-a-generation inflation prompts renewed interest in the precious metal as a safe haven while governmental interest rate-boosting policies deflate the momentum toward non-interest yielding gold (https://ibn.fm/i8llv).
While analysts generally expected that the COVID pandemic and world governments’ monetary stimulus response would induce inflation (https://ibn.fm/qbKaT), the U.S. Federal Reserve’s…
NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://ibn.fm/STUPF
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