Flood gold

For years, many wildfires prevailed. Storms, abundant rainfall and record snowfall are now making gold prospectors in central California rejoice. The snow is melting and suddenly there is a relatively large amount of gold in the debris. About 175 years ago there was the great gold rush in California. At that time and also today, people searched mainly in the rivers. And it is not only the now larger finds than usual, it is certainly also the price of an ounce of gold today that attracts the gold seekers. Back in 1848, the first nuggets of gold were found in the Sierra Nevada. On January 24, 1848, James W. Marshall found a gold nugget and America’s first great gold smoke began. Actually, Marshall and other men had been building a sawmill on a river when the gold surfaced.

Gold has always fascinated people. Gold is a solid, proven store of value. It serves as a hedge in crises, and it stands up to inflation and currency devaluations. Gold exists independently of banking systems. If a banking crisis occurs, then gold provides some protection against the loss of assets. Investors should spread their assets over various asset classes, i.e. pay attention to diversification. This reduces risks. If an investor invests in gold or even silver, he invests in globally accepted goods. It is also a good idea to invest in gold mining stocks. Because with a leverage can be profited so from the gold price. Of course, the company-specific characteristics of the gold company also determine how the stock performs. Well positioned gold companies include Fury Gold Mines or Gold Terra Resource.

In Quebec and Nunavut, Fury Gold Mines – https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ – has prospective properties that have already produced very good drill results. The company is focusing on expanding its multi-million-ounce gold resources.

Gold Terra Resource – https://www.commodity-tv.com/ondemand/companies/profil/gold-terra-resource-corp/ – has the prospective Yellowknife City Gold Project (approximately 800 square kilometers) in the Northwest Territories.

Current corporate information and press releases from Gold Terra Resource (- https://www.resource-capital.ch/en/companies/gold-terra-resource-corp/ -) and Fury Gold Mines (- https://www.resource-capital.ch/en/companies/fury-gold-mines-ltd/ -).

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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