Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!
Commodity-TV Play Store
Commodity-TV App Store
Commodity-TV

Social Media


2020 - the year of the saver

The financial assets of private German households grew by 5.9 percent last year to 7.1 trillion euros

Receive up-to-date information about the company directly via push notification

When it comes to earnings, however, things don't look good. Germans are saving for all they're worth because they tend to be risk averse. Many shy away from putting money into shares. The savings rate was around 16 percent, compared with 10.9 percent in 2019. Compared with 2019, around 393 billion was added to savings in 2020. However, some catching up is expected in 2021. For example, DZ Bank expects a "post-Corona boom," which is certainly beneficial for the economy.

So although many citizens discovered ordering for themselves, consumption was reduced. Lockdown measures and concerns about loss of income were causal factors. It is a pity that the additional savings are simply sitting in accounts, because they are losing value. Inflation has been higher than interest rates over the last three years. In Germany, only around seven percent of financial assets are invested in shares. Stocks have not performed badly and there has been virtually no panic selling of stocks.

Last year, young investors in particular opened new securities accounts, a pleasing development. Whether this will continue will be seen in 2021. Here, the topic of retirement provision may have had an impact and made shares more attractive. A balanced stock portfolio would be good advice. In particular, the stocks of well-positioned gold companies should be included.

There's OceanaGold - https://www.youtube.com/watch?v=lcxM3ly04xE , an established mid-tier gold producer with projects in the U.S., New Zealand and the Philippines.

Fury Gold Mines' - https://www.youtube.com/watch?v=tN_tzUT_WcM - projects (Eau Claire in Quebec, Homestake Ridge in British Columbia, Committee Bay in Nunavut, Eleonore South JV in Quebec) have drilling programs underway or are being significantly expanded.

Current corporate information and press releases from OceanaGold (https://www.resource-capital.ch/en/companies/oceanagold-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.

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/ 

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required
SRC Mining & Special Situations ZertifikatSRC Mining & Special Situations Zertifikat