Crypto currencies as the target of thieves
After all, this is an increase of 250 percent over the same period last year. In 2017, "only" 266 million dollars were stolen on the digital currency market. Bitcoins were or are extremely popular and there are more than 1600 digital coins or tokens. Of course, that lures ogres onto the plan.
There is also a dark figure for stolen crypto currencies, as the thefts were sometimes not reported. After all, money is often laundered with digital currencies. There are also few countries that have truly effective anti-money laundering laws. It is safer to bet on valuable precious metals and thus on values that do not easily fall into criminal hands.
That includes gold. The central banks, which stock up on gold, are also increasingly recognising this. For example, the Hungarian central bank has increased its gold reserves tenfold in recent months. The declared reason is the welfare of the country that is to be safeguarded. Poland has also made strong purchases of gold in recent months.
Instead of joining the hype on crypto currencies, it is more advisable to bet part of your assets on gold and the companies that can call gold projects their own. For example, US Gold or White Gold. US Gold - https://www.commodity-tv.net/c/search_adv/?v=298583 - has a significant portfolio of exploration and development projects in Nevada and Wyoming. An early transition into production is planned.
In Canada in the Yukon, White Gold is working on its huge property, which accounts for over 40 percent of the White Gold District - https://www.commodity-tv.net/c/search_adv/?v=298604. This is located in the famous Tintina Gold Belt and stretches over a 200 km wide and 1200 km long arch. Drilling results of up to 140 grams per tonne of rock delight the company.
Latest corporate information and press releases from US Gold (https://www.resource-capital.ch/en/companies/us-gold-corp.html) and White Gold (https://www.resource-capital.ch/en/companies/whitegoldcorp.html).
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