Gold and silver stand the test of time

Once again, an old coin treasure has been discovered, this time in Germany. Construction workers found 285 silver coins, probably from the 17th century, hidden in a ditch. They probably belonged to a rich mayor. They dated from 1499 to 1652 and were large silver coins, some still minted by the Holy Roman Empire and some from abroad. The treasure was presumably hidden after the end of the Thirty Years‘ War. The mayor in question had also hidden more than 2,500 thalers and 500 ducats in various rooms of his house. Finds like this happen again and again. Once, 500-year-old gold coins from Roman times were found in a German monastery, buried in the ruins. They were probably hidden by the monks when the monastery was stormed during a peasant uprising. The gold coins were extremely valuable. They were so-called guilders, some of which were minted in 1480. Monasteries were usually wealthy. While hardly anything is left of the monastery, the coins have survived.

Today, gold and silver are a means of preserving value. Countries are using precious metals to move away from the US dollar. De-dollarization can be seen in many countries. The price of both precious metals may fall in the short term. However, Metals Focus, for example, assumes that downward movements will be limited. This is because investors who have so far been in a waiting position will be looking for opportunities to enter the market. For investors, a small precious metal portfolio should be worthwhile, as should the stocks of precious metal companies that are well positioned.

These include Tudor Gold – https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ – with its promising Treaty Creek project in British Columbia.

Sibanye-Stillwater – https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/ – has a broad base. The company produces gold and PGM metals in South Africa and the USA. However, Sibanye-Stillwater also focuses on battery metals such as lithium, which are in high demand.

Current company information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -).

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