Inflation is reflected in beer price at Munich Oktoberfest
That is 41 cents more than in the previous year. The average price increase calculated by UniCredit every year for a visit to the Oktoberfest (two litres of beer, half a chicken and a ticket for local public transport) is 3.3% this time, because the Hendl price has risen only slightly. Last year it was only 3.7 percent.
The prices at the Oktoberfest go up every year, but to the joy of the breweries this has no effect on beer sales. The fact that inflation at the Oktoberfest is rising much faster than inflation in Germany in general must not hide the fact that citizens' money and savings are suffering as a result of national inflation. With an inflation rate of around two percent, one should try to counteract inflation.
This can be achieved with a tried and tested means, investment in precious metals and in the shares of gold and silver companies. This is where the values of Nordic Gold and Osisko Gold Royalties come into their own.
Nordic Gold - https://www.commodity-tv.net/c/search_adv/?v=298584 - is a junior mining company whose Laiva gold project in Finland will soon start production. The mine is approved and fully constructed. The project is financed by a gold futures sale and Nordic Gold is also planning to finance itself in the amount of ten million US dollars.
Osisko Gold Royalties - https://www.commodity-tv.net/c/search_adv/?v=298466 - is a precious metal investment company that has accumulated a considerable portfolio of royalties, streams and precious metal acceptances since its inception in 2014. Of particular importance are license participations in the Canadian Malartic Mine, Falco Resources or Barkerville Gold Mines.
Nordic Gold (https://www.resource-capital.ch/en/companies/nordic-gold-corp.html) and Osisko Gold Royalties (https://www.resource-capital.ch/en/companies/osisko-gold-royalties-ltd.html).
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 English version of these messages applies.
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