To get into this topic, books can be read, such as "Gold Wars" by Ferdinand Lips, a precious metals expert. The central bank management of the gold price since the Second World War is scrutinized there. For him, money or gold and human freedom were inextricably linked. In today's world, in which the state is gaining more and more power, the individual's freedom and possessions are in danger. For Lips, gold is the protection against inflation.
Whether one believes the supporters of the gold price manipulation theory or not, gold has acted as a means of payment for thousands of years. In the post-war Bretton Woods system until the 1970s, the US dollar and gold were inextricably linked. In 1971 Richard Nixon abandoned the convertibility of dollars into gold. Since then, the money has been uncovered and can be printed and multiplied at will. Since the bond to gold no longer exists, it is difficult to estimate the value of the dollar.
Even though gold is normally not used for payment, it serves as money, because central banks hoard gold as well as foreign exchange - and this is often increasingly the case worldwide - as foreign currency reserves. Many countries are showing increasing indebtedness and are therefore likely to like currency devaluation. This is done by expanding the money supply.
Gold is still a tried and tested means of securing its future. There should also be no lack of equity exposure to gold companies. White Gold and Maple Gold Mines deserve a mention.
White Gold - http://www.commodity-tv.net/c/search_adv/?v=298911 - owns more than 439,000 hectares of land and 35 properties in the Yukon in Whitegold County. Flagship deposits include Golden Saddle (up to 2.43 grams of gold per tonne of rock) and Vertigo (up to 103.90 grams of gold per tonne of rock).
Maple Gold Mines - http://www.commodity-tv.net/c/search_adv/?v=298484 - is located in the prospective Abitibi greenstone belt of Quebec with its Douay gold project. Almost 40 square kilometres of best gold land, which has already produced up to almost 21 grams of gold per tonne of rock during drilling.
Current corporate information and press releases from White Gold (https://www.resource-capital.ch/en/companies/white-gold-corp/) and Maple Gold Mines (https://www.resource-capital.ch/en/companies/maple-gold-mines-ltd/).
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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