Dear clients, dear partners.

We are at the end of 2021, so let us briefly review it.

First of all, we would like to thank you for the trust you give our company. The annual increase in the volume of funds invested in gold savings is the highest in the more than ten-year history of our company. The increase in the volume of savings paid as compared to last year, which was also a record year, is almost double.

It is proof that more and more people across Europe believe that in today's unstable world, ownership of gold is a necessity and will help them achieve independence.

The end of the year was the second in a row to be marked by the Covid–19 disease pandemic. Gold has taken a small pause on its upward path after a sharp rise in 2019 and 2020. If we add up the last two years, the gold price is still up 14% compared to 2019. This is an appreciation that no bank offers. As you can see from the volume of purchases, many of you have already been able to work with the slight drop in price and have used it to increase regular saving amounts or possibly to make extraordinary one-off purchases of physical gold and silver.

Regularity is the alpha and omega of successful investing. The price averaging effect is the main advantage of the regular savings provided by our company to you in the iiplan^® and iiplanGold^® products.

However, the economic and political outlook for next year is not optimistic. We dare to predict that the world will continue to struggle with high inflation and high government debt. Even if central banks raise interest rates to dampen rapid inflation, they will be under pressure not to raise interest rates as sharply as they need to because high interest rates would make sovereign debt more expensive and just paying the interest on that debt would be very difficult for some countries. Making money more expensive could also be the cause of the sharp decline in shares the price of which has been driven by the supply of cheap money in recent years.

Gold will therefore continue to be one of the few certainties in this uncertain world. Although other commodities are currently well above their previous highs, gold is still waiting for this period. We cannot say whether it will come in the coming months of the new year or a little later. However, we are convinced that this period is not far off. And it's up to you whether you use your gold as security when you need it, or pass it on to your descendants as built-up family wealth.

Dear clients, dear partners. IBIS InGold wishes you a new year with good health, personal well-being and peace of mind.

We believe that the gold and silver saved with us will contribute to this peace and well-being.

Happy New Year!