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Devaluation of fiat currencies could still accelerate

(PresseBox) (Herisau, )
Many well-known investor Mark Mobius sees major threats to the value of currencies.

Mark Mobius, a U.S. portfolio manager and manager at Franklin Templeton Investments, also known as the "old master of Asian equities," expects currency depreciation to be not insignificant. Unprecedented stimulus measures are the cause, he says. Therefore, he advises investors to always keep a certain percentage in the form of gold in their investment portfolio. He considers the currency devaluation coming next year to be extremely significant, given the incredible amount of money that has been printed.  It's "very, very good to have physical gold that you can access immediately without the government seizing all the gold," Mobius says. He recommends 10 percent.

A recent study by the World Gold Council also shows that Mobius' recommendations are well-founded. A gold allocation of ten percent has helped to improve returns over the past 20 years. A portfolio with ten per cent physical gold, viewed between June 2001 and June 2021, had higher returns and lower volatility than a portfolio with only five per cent gold - or even no investments in commodities or gold. That's what the World Gold Council found.

Mobius also points to the deterioration of purchasing power due to overheated inflation, not only in the US but also on the other side of the Atlantic. Gold investments help here, not only in physical gold, but also in gold shares. An investment in OceanaGold or Kore Mining, for example, would be possible.

Kore Mining - https://www.youtube.com/watch?v=aiJqVgb0KWw - owns the Long Valley and Imperial projects in California. Exploration and development of the two gold projects are in full swing. A well-known strategic investor is Eric Sprott.

OceanaGold - https://www.youtube.com/watch?v=KiVnrL52S-M - has a portfolio of established properties, such as the Didipio mine in the Philippines, the Macraes and Waihi projects in New Zealand and the Haile gold mine in the USA. It is expected to produce 340,000 to 380,000 ounces of gold annually over the next few years.

Current corporate information and press releases from OceanaGold (-https://www.resource-capital.ch/en/companies/oceanagold-corp/ -) and Kore Mining (- https://www.resource-capital.ch/en/companies/kore-mining-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.

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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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.