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Gold used to be more expensive than salt

Homer called salt the divine substance. Wars were fought over salt and it was once, about 1,000 years ago, more expensive than gold

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Today we are more interested in the gold. This, too, has an exciting history behind it. It served as a medium of exchange, a means of preserving wealth, protects against inflation and pleases as decorative jewelry. In general, gold has evolved in line with inflationary expectations. History shows that the idea that gold preserves values, for example, work performed, which is quasi frozen or cast in gold, is not a misconception. Today, moreover, the central banks are proving that gold makes sense as an investment. Otherwise, should they keep their cellars full of gold? Countries that do not have a competitive currency of their own even tapped heavily into the gold market in recent years. 

Today, we expect rising inflation, and thus a rising gold price or the possibility to hedge against it with gold. Real yields have recovered from their lows recently, which has put pressure on the gold price. But the low interest rate level with rising inflation could cause real interest rates to test the lows again in the future. For the gold price, this would then also mean a test of the all-time high beyond $2,000 per ounce. In such a scenario, the shares of companies with good gold projects, such as Aguila American Gold and Kore Mining, would be particularly lucrative.

Aguila American Gold owns the approximately 70,000-acre Wusa gold property in Oregon, an underexplored, drill-ready gold-silver project. Projects in the neighborhood are already producing gold. 

Kore Mining - - plans exploration work at its Imperial and Long Valley projects in California. Also in the portfolio are two projects in British Columbia. A strategic investor is the well-known Eric Sprott.

Latest corporate information and press releases from Kore Mining (

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.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also 

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