Inflation and devaluation of money and purchasing power become visible
In all 50 states, gasoline now costs more than four U.S. dollars per gallon (3.785 liters). A record price was set in California at $6.02 for a gallon – and that was just before Memorial Day and the summer travel season. It’s expected to be about $450 more per household for gasoline in 2022. Now everyone should see that purchasing power is going downhill, because real inflation has taken on huge proportions. That’s when Americans should also increasingly become gold buyers. Already more than 500 years ago Copernicus referred in his remarks to money and inflation to the four worst evils, which threaten humans. These were discord, great mortality, barren soil and the deterioration of the coin.
Transferred to today’s situation, one could think of war, pandemic, food crisis (hunger in the world) and the loss of purchasing power of paper currencies. According to Copernicus, the latter is not as obvious as the first three evils. Today, monetary policy is problematic because the Ukraine war has been added to the pandemic, supply chain problems and inflation. The U.S. has an inflation rate of more than eight percent, with gasoline, natural gas, food and used cars increasing in price the most; we are seeing something similar here at home. So, what can investors do? In the 1970s, there was immensely high inflation in the U.S. and the best asset to own at the time was gold. The price of gold rose from $35 per ounce at the beginning of the decade to $601 per ounce in 1980. Even today, gold investments in gold stocks, for example, are a good choice, as are royalty companies because of their diversification. These include Osisko Gold Royalties and Empress Royalty.
Osisko Gold Royalties – https://www.youtube.com/watch?v=8RJs1mZ1ics – pays dividends and counts more than 160 royalty and precious metal sales in South and North America.
Empress Royalty – https://www.youtube.com/watch?v=ObOa2BGw5MM – has silver and gold investments in its portfolio, from development to production stage, in Peru, Mexico and Canada.
Latest corporate information and press releases from Osisko Gold Royalties (- https://www.resource-capital.ch/en/companies/osisko-gold-royalties-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/
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