Scrooge McDuck, certainly at this money bag divide the spirits, but he is known beyond the children’s rooms. The fantasy billionaire invests his wealth in gold. How else? If he were to take only coins in dummy form, the money press would probably have to run day and night. But where would the money come from? The independent central bank of Duckburg would be one possibility. The value printed on the bills would only be worth the good reputation of Duckburg.
Parallels recognized? At the moment, investors around the world are feeling a lot like Scrooge. They could rely on the good reputation of a central bank and the economic strength of the respective country. In other words, they might trust the Fed and the perpetual growth of the U.S. economy, and thus use U.S. dollars to fill their retirement pillows or piggy banks. Or are the European Central Bank and the Euros better suited because Europe’s economy is better positioned?
However, the path taken by Scrooge may not be the worst. So, add gold to the portfolio. As a basic component, the gold coins and bars are certainly worth their weight in gold in hard times. If you want a return on top of that, you can invest a portion in shares of gold companies with outstanding projects. While this is a bit more speculative than gold itself, it could add value to the overall portfolio over the long term. Examples of good stocks are Caledonia Mining or Condor Gold.
Caledonia Mining – https://www.youtube.com/watch?v=7uFCyHCv-zs – has been a successful gold producer for years with its Blanket mine in Zimbabwe, and local investors are involved.
Condor Gold – https://www.youtube.com/watch?v=kylBHygyO-Q – owns the promising La India project in Nicaragua. In the first two years, gold production is expected to average around 157,000 ounces of gold per year.
Current corporate information and press releases from Caledonia Mining (- https://www.resource-capital.ch/en/companies/caledonia-mining-corp/ -).
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 applies: https://www.resource-capital.ch/en/disclaimer/
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