What gold experts think
Ten percent of the portfolio should be reserved for precious metals, according to Milling-Stanley. In his opinion, investors usually have a false perspective on gold. Because they think gold is only a hedge against inflation. But, says the gold expert, gold is a hedge against the unexpected. As history teaches, when unexpected events, be it wars or other events, gold has always worked as a hedge.
There are also other voices from the camp of gold experts, such as UBS or Morgan Stanley, who advise their clients to increase their exposure to gold. And there are still many quotes from experts in the gold industry. For example, Alan Greenspan, former head of the FED once said, "whoever owns gold always has money". Or Marc Faber, an internationally renowned stock market expert, gave the advice "everyone should buy some gold, every month, forever, to protect themselves".
Or Stefan Riße, German stockbroker and columnist at Focus-Money, who assumes that inflation must come at some point to solve the debt problem. "Paper money is growing in volume, while gold production is declining. In the end all paper currencies are likely to depreciate against gold.
This is exactly what we are seeing right now. That is why a well-positioned portfolio should also include stocks of gold companies. Because this is how you can earn money with a lever on the gold price.
Maple Gold Mines would be a good example. Its Douay gold project in the Abitibi greenstone belt of Quebec, Canada, has a solid resource and opportunities for expansion and new discoveries. The infrastructure is excellent.
Corvus Gold also has prospective gold-silver projects, the North Bullfrog and Mother Lode projects in Nevada. North Bullfrog covers approximately 90 square kilometers, has excellent infrastructure and important water rights.
Recent corporate news and press releases from 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 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.
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