Gold and silver for smart computers
Suppose an investor invests $10,000 in gold and expects it to be worth $12,000 in ten years. An inflation rate of two percent is assumed. If, on the other hand, the $10,000 flows into a ten-year US bond, $10,766 is returned after the ten years. The purchasing power has fallen to 8,809 US dollars as a result of inflation, which means a loss of 18 percent. So, investing in gold pays off more.
Investors who are concerned with this calculation will increase and put more emphasis on gold and silver. This in turn will drive up prices. These precious metals protect purchasing power.
Instead of bothering with storage problems for physical precious metals and having a lever on the gold price, an investment in shares is recommended. Because how problematic the possession of gold and silver can be, showed recently the seizure of 781 bars gold and silver (approximately 700,000-euro value and 662 Kilos weight) by the Vorarlberger tariff. A Czech family wanted to smuggle the bars through Austria and was caught by customs. At least in the meantime the bars were confiscated, and criminal proceedings were initiated.
So, it is better to put it in stocks of silver and gold companies such as Treasury Metals or Bluestone Resources rather than adding it to your portfolio.
Treasury Metals owns the Goliath and Goldlund projects in Ontario. The well-advanced Goliath project will be producing soon, initially as an open pit project. Treasury Metals' portfolio includes other gold projects and a polymetallic project.
Bluestone Resources is working on its high-grade Cerro Blanco gold project in Guatemala. Production is about to commence, with approximately 900,000 ounces of gold expected to see the light of day over approximately eight years at low mining costs.
Recent corporate news and press releases from Treasury Metals (https://www.resource-capital.ch/en/companies/treasury-metals-inc/) and 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 may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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