Gold has a long history
About 5,500 to 3,200 BC was the so-called Copper Age. People at that time found gold and discovered that it could be easily processed. Stones, for example, were enough to shape it. In addition, unlike copper, it retained its appearance, did not degrade and remained shiny. Thus, gold was soon used as a medium of exchange or, for example, jewelry. It could also be melted down and alloyed with other metals.
With copper smelting our ancestors started, as it is believed, in Serbia, also copper and gold smiths emerged. In Central Europe, gold objects were found, which were created about 4,500 BC. The first to introduce gold coins as a means of payment was probably Croesus of Lydia, around 610 BC. Gold charts existed as early as the 18th century, fluctuations in price were few at the time. The gold standard was lifted by President Nixon in 1971, when the guarantee for the exchange of U.S. dollars for gold was revoked. The price of gold then rose over the next ten years. A consolidation phase followed, then gold became more expensive again. In 2011, a troy ounce of gold cost $1,920.
Wars were fought over gold, there were several gold rushes, for example in Alaska or California, and gold, like silver, was the most important means of payment for a long time. Today, gold is not tied to any currency and serves central banks and investors as a value preservation vehicle and hedge. Investors who want to bet on gold with leverage get gold stocks in their portfolio. For example, Skeena Resources or Trillium Gold Mines could be considered.
Skeena Resources - https://www.youtube.com/watch?v=PO0qa_43Fe0 - is working to revive the Eskay Creek and Snip mines in British Columbia. These contain gold and gold and silver, respectively.
Trillium Gold Mines - https://www.youtube.com/watch?v=gAFsgM4WSLc - is underway in the Red Lake Mining District in Ontario. The company owns several properties there.
Current corporate information and press releases from Skeena Resources (https://www.resource-capital.ch/en/companies/skeena-resources-ltd/) and Trillium Gold Mines (https://www.resource-capital.ch/en/companies/trillium-gold-mines-inc/).
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