Germans love gold coins
German history is often used to explain the love of the Germans for coins. Think of the hyperinflation of 1923 and the First and Second World War and their consequences. The fear of currency crises has investors reaching for gold. More than 100 tons of coins, bars and gold jewellery were sold in our country in 2018. Only about a tenth of them were bought by the French. And only a third of them were British.
Although many other countries also love gold, Indians and Chinese, for example, prefer to hit gold bars. By the way, the favourite bullion coin in this country is the Krugerrand. After the gold price has risen strongly in recent months, everyone who has bet on bullion coins should be pleased.
Interest rates remain low, trade conflicts dominate the news and gold investments are in demand. Not to forget the investment opportunities in gold companies, also to put the assets on different legs and to have with shares the chance on bigger profits. Here must be carefully selected. The gold companies might consider Bluestone Resources or TerraX Minerals.
Bluestone Resources - http://www.commodity-tv.net/c/search_adv/?v=299219 - has completed the feasibility study for its Cerro Blanco gold project in Guatemala. It is therefore a short-term gold development project with an average annual production of 146,000 ounces in the first three years.
TerraX Minerals - http://www.commodity-tv.net/c/search_adv/?v=299172 - has just commenced the summer drilling program on its Yellowknife City gold project in the North West Territories. The project is one of the six large and high-grade gold districts in Canada and covers 783 square kilometers of land.
Current corporate information and press releases from Bluestone Resources (https://www.resource-capital.ch/en/companies/bluestone-resources-inc/) and TerraX Minerals (https://www.resource-capital.ch/en/companies/terrax-minerals-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.
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