Gold – the only money that always survives

The world’s financial assets consist of significantly less than one percent gold. Paper money is still the most popular asset of choice. The reason is probably also that owning physical gold does not generate any commissions for the asset management industry. The price of gold has risen considerably in recent decades, and owning gold is virtually a must. The value of paper money, on the other hand, is being increasingly destroyed by governments and central banks, which in turn are betting on gold. It is well known that there is no profit to be made with paper money; real interest rates are still negative. The saved paper money is losing value, and everyone is watching. With physical gold or silver and with investments in precious metal companies, risks can be minimized. The eternal money was and is gold, while paper money is perishable. If you bet on gold, your worries about what will happen to paper money are reduced. Compared to gold, all paper currencies have lost value drastically in the long term, even up to 100 percent.

Silver is very volatile compared to gold. It often rises or falls twice as much as gold. However, the fundamental picture for silver is currently very good, just think of the industrial demand due to decarbonization. Another way to participate in the rising gold price and to provide some security in the portfolio is to invest part of the assets in precious metal companies. Fury Gold Mines or Torq Resources, for example, are well positioned.

Fury Gold Mines – https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ – owns excellent gold properties in Quebec and Nunavut, is well financed and is expanding its gold resources.

Torq Resources – https://www.commodity-tv.com/ondemand/companies/profil/torq-resources-inc/ – owns gold and copper in prospective projects in Chile, such as the Santa Cecilia gold-copper project.

Current corporate information and press releases from Torq Resources (- https://www.resource-capital.ch/en/companies/torq-resources-inc/ -) 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.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/