The brilliance and beauty of gold, its role in history and its universal acceptance make it a psychological phenomenon. Gold attracts people, has caused wars and even today stands for a coveted possession and is a status symbol. Gold used to be a store of value with stability and still is today. In times of crisis, it is the safe haven that investors turn to and that other investments cannot really compete with. Wearing gold jewelry conveys financial stability. In many cultures, such as India, the precious metal is part of celebrations and certain events. After all, gold does not discolor, is indestructible and does not rust. It is also used in electronics and medicine. Around 80 percent of the gold mined is used to make jewelry. In electronic components, the precious metal ensures high conductivity and corrosion resistance and can be easily processed, for example on circuit boards and microchips in smartphones.
Gold has a special psychology for investors. It is not only a popular investment object in difficult times that stands for security but is always attractive. Gold bullion is an important component of international financial policy, just think of the hunger for gold of many central banks. Bars and gold coins are an attractive store of value. For investors who want leverage on the gold price, the values of gold companies are a suitable investment. Osisko Development or Calibre Mining, for example, are popular here.
Osisko Development - https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ -, already a producer, operates projects in Mexico, Canada and the USA. The aim is to become a medium-sized gold producer. The latest drilling results at the Tintic project in Utah yielded excellent results (for example, more than 400 grams of gold per ton of rock).
Calibre Mining - https://www.commodity-tv.com/ondemand/companies/profil/calibre-mining-corp/ - operates in North and South America. A record amount of over 280,000 ounces of gold was produced in 2023. The merger with Marathon creates a high-quality mid-tier gold producer.
Current company information and press releases from Osisko Development (https://www.resource-capital.ch/en/companies/osisko-development-corp/ ) and Calibre Mining (https://www.resource-capital.ch/en/companies/calibre-mining-corp/ ).
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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