It's time to act.
The banks have to look where they're staying. Fees are rising. The latest example is the fee for withdrawing money from the bank. If this was once a free service, now 800 of 1,300 banks and savings banks in Germany charge fees if you get cash, according to a recent study. Some banks always and some only after closing time, like an overtime surcharge for the machines.
And now the new head of the European Central Bank, Christine Lagarde. According to Lagarde, she wants to go new ways in the area of monetary policy. The odds of us being banned from cash are rising. Because when Lagarde was head of the International Monetary Fund, there was talk of a fine on cash. Three percent per year were discussed. If this were done and inflation is added, the purchasing power of cash would fall enormously in the long run. Trends are already discernible. Whereas 15,000 euros could change hands in the past, today 10,000 euros without having to prove their identity, by 2020 it will be only 2,000 euros.
Everyone should be aware that these monetary policy developments are not a temporary, short phase, but the normal reality that will accompany us for a long time to come. Doing what? At any rate, shares are becoming more and more attractive as a result. Because who does not want to preserve or even increase his assets. And when it comes to preserving value, gold comes into play, and so do the shares of gold companies such as GoldMining or US Gold. Both have promising projects in outstanding areas.
US Gold - https://www.commodity-tv.com/play/us-gold-acquisition-of-maggie-creek-pfs-for-keyhole-copper-deposit-in-2020/ - owns the Copper King project (gold and copper) in Wyoming. In Nevada, the portfolio includes the Keystone project (in the Cortez Gold Trend), the option on 70 percent of the Maggie Creek project (in the Carlin Gold Trend) and the Gold Bar North project.
GoldMining - https://www.commodity-tv.com/play/goldmining-is-acquiring-and-advancing-gold-projects-in-the-americas/ - has various gold-copper projects. Of which seven projects in Brazil, one in the USA, one uranium project in Canada and one gold project in Canada. There are also projects in Central Colombia and Peru.
Current company information and press releases from US Gold (https://www.resource-capital.ch/en/companies/us-gold-corp/) and GoldMining (https://www.resource-capital.ch/en/companies/goldmining-inc/).
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.
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: https://www.resource-capital.ch/en/disclaimer/