Alexa, what's gold?
Alexa, what's gold? "Gold is a chemical element with the element symbol AU...". Alexa, what do you need gold for? "I'm afraid I have no answer to that." Alexa's not alone in this, it seems. Many people rely more on the state security mechanisms than on the yellow precious metal. This is despite the fact that gold has already proven its value retention function over thousands of years. On the other hand, pension systems, world currencies and savings have often enough gone down the proverbial drain.
Alexa! Therefore, learn more about gold and the functions of precious metals of the same kind, including silver. Maybe in a year or two Alexa will actually have good answers to the question: "Alexa, what do you need gold for?" Maybe the computer voice could say: "Gold is indispensable for maintaining the value of savings. It is mobile and can serve well as a liquidity reserve in crises". If we get Alexa so far, who is certainly willing to learn, then gold could continue on the road to success of the younger generations and not only be an important asset for the generation or in countries that have already experienced hyperinflation.
However, before investors can place physical gold in the vault, it must first be extracted from the ground. There are also potentially promising investments among these gold prospectors. Companies with promising gold projects include Steppe Gold and Maple Gold Mines.
Steppe Gold will soon report the start of gold production on its ATO project in Mongolia. Gold production is expected to start in the second half of 2019. The cost of production is low, as are the cost of capital and gold content.
Maple Gold Mines (www.maplegoldmines.com/index.php/en/) is focused on its Douay gold project in the Abitibi greenstone belt of northern Quebec, Canada. Almost 400 square kilometres of the best gold land with the best infrastructure should ensure success.
Current company information and press releases from Steppe Gold (https://www.resource-capital.ch/en/companies/steppe-gold-ltd/) and Maple Gold Mines (https://www.resource-capital.ch/en/companies/maple-gold-mines-ltd/).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the English version of these messages applies.
Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting from the use of this blog. I would like to point out that shares and in particular warrant investments are generally 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. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/