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


Countries bring gold home

The fact that various central banks want to take home their gold stored abroad gives food for thought. The reason could be the fear of an impending economic crisis.

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

Romania, for example, stores 65 percent of its gold at the Bank of England. Romania has a total of 130.7 tons of gold worth 3.85 billion US dollars. A new law allows only five percent of gold to be stored abroad. There is no consensus: the Romanian leadership wants the precious metal to be returned, while the head of the central bank wants to leave everything as it is.

Germany, on the other hand, has demanded the return of 674 tonnes of gold stored in France and with the US Federal Reserve. Half the German gold is already at home. Another country, Hungary, is considering keeping its gold reserves in its own country in the event of a geopolitical crisis.

From the point of view of central banks, gold is a means of maintaining the financial faith when an economic upheaval arises or occurs. And what about Italy? Here the citizens want to control the gold reserves of their country. The Italian central bank is facing great criticism. Among other things, the "5-star movement" is demanding that the Bank of Italy's gold be taken over by Italian citizens. After all, it is about 102 billion US dollars and the expropriation of state gold.

These are only examples of how great the role of gold is in the world. The gold companies, which take care of the supply of the precious metal, also deserve attention. For example Bluestone Resources or Revival Gold.

Bluestone Resources - http://www.commodity-tv.net/c/search_adv/?v=299040 - is again reporting very good drilling results from its Cerro Blanco gold project in Guatemala. The 100 percent wholly owned project in Guatemala by Bluestone Resources returned results of up to 19.9 grams of gold and 281 grams of silver per ton of rock.

Revival Gold - http://www.commodity-tv.net/c/search_adv/?v=298883 - was also able to report good drill results again from its Beartrack gold project. The previously producing gold project in Idaho has already produced up to 20.10 grams of gold from drilling.

Current corporate information and press releases from Bluestone Resources (https://www.resource-capital.ch/en/companies/bluestone-resources-inc/).

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 German 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/ 

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

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