Everything speaks for gold investments
One of the reasons for the high gold price is certainly the strong purchases by ETF investors. In addition, there is the announced threat of a major attack by Russia on Ukraine and the historically extremely high inflation in the USA. In this country, too, the inflation rate speaks in favor of gold investments. Because gold has always been the most valuable metal for people. In many countries, gold is considered a symbol of wealth and opens up the possibility of showing prosperity. Gold is a form of investment and helps to increase wealth, especially when inflation is very high, the cost of living is rising and currencies are losing value. Already since the beginning of the year, a new wave of gold purchases is underway, which may soon lead to a new all-time high.
Gold ETFs have also become extremely popular. The monetary value of gold has existed since ancient times. Back in Roman times, one ounce of gold could buy a toga complete with accessories; today, the same amount of gold is enough to buy a tailored suit. When currencies lose value, more and more investors are drawn to gold. The precious metal is simply more durable than currencies and can be exchanged for more value later. Since the value of gold usually goes up with the price of goods, it serves as an ideal inflation hedge. This is because when goods become more expensive, the value of paper money decreases. History shows that over the past 50 years, the purchasing power of gold has increased while the U.S. dollar has lost value and purchasing power. For a gold investment, especially those who want to diversify, a royalty company such as Empress Royalty or a well-positioned gold company such as GoldMining are suitable.
Empress Royalty - https://www.youtube.com/watch?v=ObOa2BGw5MM - is a royalty and streaming company and has a portfolio of 17 gold and silver investments from development to production stage. GoldMining - https://www.youtube.com/watch?v=gofefXhUHKY - acquires and develops gold deposits in Canada, Brazil, Colombia, Peru and the United States. In addition, the company owns 20 million shares of Gold Royalty.
Latest corporate information and press releases from GoldMining (www.resource-capital.ch/de/unternehmen/goldmining-inc/).
In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
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