Record value in global private wealth

Global private wealth is now higher than it has been for 20 years. Financial assets plus tangible assets less debt add up to a record total of 473 trillion US dollars in 2021 compared with the previous year. In this country, the increase is around ten percent or 20.2 trillion US dollars. Private financial assets include not only cash but also life insurance policies and shares. German citizens still invest more in real estate than in securities, as the ratio of tangible assets to total assets is a good 65 percent. Global private assets are also expected to continue to grow in the coming years, despite the war in Ukraine and the associated economic consequences.

This may leave some wondering where to put their unneeded wealth, whether large or small. Even though the price of gold has not yet reached a new high, gold remains strong in the face of high inflation. Hard assets are preferentially sought. This makes gold one of the best ways to invest wealth. This is also evident in a recent survey of central banks conducted by the World Gold Council. About a quarter of the nearly 60 central banks surveyed plan to increase their gold reserves in the coming twelve months. Most of the respondents also expect the share of gold in foreign currency reserves to go up. This is because there are growing concerns about a global financial crisis and geopolitical uncertainties. Private investors should therefore also familiarize themselves with an investment in gold shares, because here there is additional leverage on the gold price.

There are particularly high gold grades at Calibre Mining – https://www.youtube.com/watch?v=2BjrLNvI_Cw – in Nicaragua. Drilling is focused on resource and life extension.

CanaGold Resources – https://www.youtube.com/watch?v=7UPcsGXmoMI – is also pleased with very good drill results at its prospective New Polaris project in British Columbia.

Latest corporate information and press releases from Calibre Mining (- https://www.resource-capital.ch/en/companies/calibre-mining-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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