The world’s deepest gold mine, Mponeng in South Africa is closed. A total of 164 workers tested positive for Covid19. This is after the mining company has already started operating with 50% capacity as a precautionary step more than a month ago.

Gold mining production already slid 3% year-on-year to the lowest production since 2015. Although Mponeng’s closure alone didn’t result in the decrease in gold mining.

Covid-19 is far from over, more so in countries where the biggest mining operations are. Gold productions are set to fall but demand continues to be consistent. What gold loses in jewelries, it makes up for other industries such as electronics.

This is bound to push the value of gold higher. It supports Bank of America’s projection for gold to reach $3000 in 18 months.

Watch the video and learn how you can invest in gold now to maximize its return or call us for a no pressure consultation at (877) 646-5347. You can also visit our website, www.NobleGoldInvestment.com.

Again, that’s www.NobleGoldInvestment.com or call us at (877) 646-5347.
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REVEALED: Best Investment During Inflation

In the wake of a global economic collapse, gold IRA investment tips are important to consider. Gold has long been seen as a safe haven asset, and during times of economic hardship, it is often one of the first investments people turn to. With gold prices at all-time highs, it is no wonder why so many people are looking to gold for security. However, there is one major issue that can arise when investing in gold during an economic collapse – the inability to mine gold.

The mining of gold is a complicated process and requires a great deal of capital, infrastructure, and resources. During an economic collapse, it is likely that the resources and capital necessary to mine gold will be in short supply. This means that the supply of gold will be limited, resulting in higher prices. Furthermore, the mining of gold is also a dangerous process, and with the world in a state of economic turmoil, the safety of the miners is likely to be compromised.

For this reason, it is important to consider other sources of gold when investing during an economic collapse. One option is to purchase gold coins or bars from a reputable dealer. This is a safer option than mining gold and also allows you to purchase gold in smaller amounts. Gold coins and bars are also easier to store and transport, making them a more practical investment option.

Another option is to invest in gold ETFs. ETFs are Exchange Traded Funds that track the price of gold. Investing in gold ETFs allows you to gain exposure to the gold market without having to purchase and store physical gold. ETFs also provide a level of diversification, as they are composed of a basket of different gold-related investments.

Finally, it is important to remember that gold is a long-term investment. During an economic collapse, the price of gold can be volatile and unpredictable. Therefore, it is important to have a long-term investment strategy in place when investing in gold. This will help you to maximize your returns and minimize your losses.

Overall, gold IRA investment tips are important to consider during an economic collapse. With the right strategy and the right sources of gold, you can protect your savings and make a solid return on your investment.