A Christmas tree made of 63 kilograms of gold
A Christmas tree, three meters high and consisting of 2018 Vienna Philharmonic coins. It is unsaleable and worth around 2.3 million euros. This makes it the most expensive tree in Europe. One must immediately think of the theft of the giant coin in 2017 from the Bode Museum in Berlin. This was worth 3.7 million euros. But the gold tree of Pro Aurum is strictly guarded. According to Mirko Schmidt, the founder of Pro Aurum, the golden Christmas tree symbolizes the value of gold extraordinarily well. Gold is money in another form and above all it is not arbitrarily reproducible.
The gold has to be extracted from the ground laboriously and cost-intensively. According to the World Gold Council, 875.3 tonnes of the precious metal were mined worldwide in the third quarter of 2018. Although some of the major producing countries recorded double-digit declines, some other countries more than made up for this. In China, gold production fell by around six percent in the third quarter. This was due to stricter environmental regulations. In South Africa, production was even around ten percent lower than usual year-on-year. The yield in Peru and Indonesia was also lower than in the previous year.
There was significant growth in gold production in Papua New Guinea and Mali. The yield also increased in Russia, Canada and the USA. To participate in the rising value of gold, investing in gold stocks of strong companies is an opportunity.
GoldMining - https://www.commodity-tv.net/c/search_adv/?v=298668 - is a company with large gold projects in Brazil and gold and copper projects in Peru, Canada and Colombia. The time of the weak gold market was used to build up a large portfolio of projects. And under the chairmanship of founder Amir Adnani, the company also acquired a 75 percent stake in a uranium project in Canada.
Another approach would be to invest in a precious metal licensing company such as Osisko Gold Royalties - https://www.commodity-tv.net/c/search_adv/?v=298720. The company's shareholders were particularly pleased with the 17th consecutive quarterly dividend. With more than 130 royalties, streams and precious metal acceptances, Osisko Gold Royalties holds interests in selected companies, including royalty payments from the major Canadian Malartic Mine.
Current company information and press releases from Osisko Gold Royalties (https://www.resource-capital.ch/en/companies/osisko-gold-royalties-ltd.html) and GoldMining (https://www.resource-capital.ch/en/companies/goldmining-inc.html).
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