Paper money, gold and silver – then and now

Financial power was thus in the hands of a few. Paper money became more and more widespread, and gold and silver were no longer the medium of exchange of choice. The result was inflation, which came at the expense of people’s savings. Just think of the Fed, founded in 1913. Creating paper money was so easy. The increasing separation of currencies from tangible assets often undermined economic stability and the prosperity of citizens. Today, debt and economic uncertainty prevail. Countries such as China, India, Russia, Saudi Arabia and Thailand want to reduce the dominance of the US dollar. Alternatives and gold-backed currencies are once again of interest in some countries. And many central banks are now increasingly buying gold and selling US government bonds. Smart private investors would do well to do as the central banks do or to look around at mining companies that own gold and silver.

There is Discovery Silver – https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ – with its silver-zinc-lead projects in northern Mexico, including the extremely promising Codero project, a world-leading silver project.

Aurania Resources – https://www.commodity-tv.com/ondemand/companies/profil/aurania-resources-ltd/ – is focusing on copper and precious metals in South America. The flagship project is located in the Andes in Peru and even contains visible gold.

Current company information and press releases from Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -) and Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-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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