NEW YORK, Oct. 13, 2023 (GLOBE NEWSWIRE) -- NetworkNewsAudio – GEMXX Corp. (OTC: GEMZ) announces the availability of a broadcast titled, “Safety, Stability and Upside in Uncertain Times.”
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“Gold has proved, over hundreds and even thousands of years, to be a reliable store of value,” stated a recent “U.S. News & World Report” article, which further observed that “whatever events happen, gold has a robust value that stays relatively consistent over time in terms of its purchasing power.” The article notes that gold can compete against other relatively safe investments such as the U.S. dollar and treasuries, but “because the Fed's efforts to combat inflation appear to be working, gold looks increasingly attractive compared to assets like [treasuries].”
With that backdrop, the eye-popping progress made by GEMXX Corp. (OTC: GEMZ) in the past several months may prove to be particularly promising. The company reported a whopping 170% increase in revenues year over year in 2022, has no long-term debt, and is on a tear adding owned assets to the balance sheet.
About GEMXX Corporation
GEMXX Corporation is a publicly traded, mine-to-market gemstone, gold and jewelry producer with global reach that owns mining resources, production facilities and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and global distribution. GEMXX is a producer of top-quality finished ammolite and ammolite jewelry. The company’s world-class gemstone cutters and jewelry designers are continuously leading the ammolite industry in new and exciting directions. The company’s management team is made up of the industry’s leading experts with a combined total of 160 years of ammolite gemstone and jewelry business experience. For more information about this company, please visit www.GEMXX.com.
NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://ibn.fm/GEMZ
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