Gold is popular as a protection against inflation. Caution is called for, because time and again there is counterfeit gold.
Recently, a private jet loaded with fake gold caused a sensation. Coming from Egypt, a private jet landed in Zambia. Apparently, hundreds of gold bars were found inside, along with dollar bills and weapons. The gold bars were made of copper and zinc, gold fraud. If you want to buy gold coins or gold bars as a private person, you should pay attention to a few things. Counterfeit gold coins are still relatively easy to recognize. Size and diameter often differ from the real coins, because the specific weight of base metals is not identical to the weight of real gold. So, weight, diameter and thickness are important characteristics, as is a smooth surface. And there is the magnetic test. Gold, in fact, behaves dia-magnetically, which means it repels a magnet. The sound also provides clues, because counterfeits tend to sound dark instead of bright and fine. In addition, there are professional testing devices. Gold bars usually have a certificate of authenticity, and they are stamped with the manufacturer's stamp. The best protection when buying gold is to buy from a trusted dealer. It is better to avoid supposedly cheap purchases from abroad.
Instead of relying on physical gold, investors can invest in gold companies. Here too, of course, there are a number of things to watch out for. Well-positioned companies with experienced management and projects in safe regions should be given priority. These include Fury Gold Mines and Tudor Gold, for example.
Tudor Gold's - https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ - Treaty Creek Gold Project in the heart of British Columbia's Golden Triangle is one of the great gold discoveries. Currently, the major 2023 exploration program is underway, and an expansion of the resource estimate is expected.
Fury Gold Mines - https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ - is in the mining business in Nunavut and Quebec, several million ounces of gold are involved, and the company also owns a large block of shares in Dolly Varden Silver.
Latest corporate information and press releases from Fury Gold Mines (- https://www.resource-capital.ch/en/companies/fury-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.
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/
Recently, a private jet loaded with fake gold caused a sensation. Coming from Egypt, a private jet landed in Zambia. Apparently, hundreds of gold bars were found inside, along with dollar bills and weapons. The gold bars were made of copper and zinc, gold fraud. If you want to buy gold coins or gold bars as a private person, you should pay attention to a few things. Counterfeit gold coins are still relatively easy to recognize. Size and diameter often differ from the real coins, because the specific weight of base metals is not identical to the weight of real gold. So, weight, diameter and thickness are important characteristics, as is a smooth surface. And there is the magnetic test. Gold, in fact, behaves dia-magnetically, which means it repels a magnet. The sound also provides clues, because counterfeits tend to sound dark instead of bright and fine. In addition, there are professional testing devices. Gold bars usually have a certificate of authenticity, and they are stamped with the manufacturer's stamp. The best protection when buying gold is to buy from a trusted dealer. It is better to avoid supposedly cheap purchases from abroad.
Instead of relying on physical gold, investors can invest in gold companies. Here too, of course, there are a number of things to watch out for. Well-positioned companies with experienced management and projects in safe regions should be given priority. These include Fury Gold Mines and Tudor Gold, for example.
Tudor Gold's - https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ - Treaty Creek Gold Project in the heart of British Columbia's Golden Triangle is one of the great gold discoveries. Currently, the major 2023 exploration program is underway, and an expansion of the resource estimate is expected.
Fury Gold Mines - https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ - is in the mining business in Nunavut and Quebec, several million ounces of gold are involved, and the company also owns a large block of shares in Dolly Varden Silver.
Latest corporate information and press releases from Fury Gold Mines (- https://www.resource-capital.ch/en/companies/fury-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.
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/
