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Inflation is reflected in beer price at Munich Oktoberfest

The average price of beer at the Munich Oktoberfest this year is 11.24 euros. According to the UniCredit Wiesn Visitor Price Index, an increase of 3.8 per cent

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.

Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting from the use of this blog. I would like to point out that shares and in particular warrant investments are generally 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. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: www.resource-capital.ch/en/disclaimer.html

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