German citizens are still hoarding large amounts of cash. Gold is better suited for long-term wealth accumulation.
According to a study, around 78% of wealthy investors rely on cash. However, accumulating excess cash is likely to be a market risk. From a historical perspective, bonds and equities have also performed better than cash following the end of interest rate hikes by the US Federal Reserve. Investors should consider converting cash at least partially into other investments. This is the only way to achieve long-term wealth accumulation. The study also revealed that 63% of respondents plan to invest more in equities over the next 12 months. 49 percent plan to invest in bonds. And 58% believe that the risk associated with equities and bonds is lower than with cash and that inflation can therefore be beaten.
The decisive factor is the fundamental data, and here the opportunities for gold investments are very good, not only from a historical perspective, but also precisely because of the current environment. Central banks use gold as a hedge and everyone knows that there are geopolitical risks. Just think of the tensions in the Red Sea that began in November and are still ongoing. There is also no end in sight to the war in Ukraine.
As another survey (by Postbank) revealed, many people rely on cash even when on vacation in Germany. One in three people have too much money with them on vacation, at least enough to cover their vacation expenses. In any case, investors can benefit from the performance of gold, and this also applies to the shares of well-positioned gold companies. These include GoldMining and Tudor Gold.
GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ - owns gold and gold-copper properties in the USA as well as a uranium project. In addition, there are shareholdings in U.S. GoldMining, for example.
Tudor Gold - https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ - is active in the Golden Triangle in British Columbia. The Treaty Creek project contains gold, silver and copper. The updated mineral resource estimate is pleasing with 16 percent more gold, 14 percent more silver and 32 percent more copper.
Current company information and press releases from 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 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/
According to a study, around 78% of wealthy investors rely on cash. However, accumulating excess cash is likely to be a market risk. From a historical perspective, bonds and equities have also performed better than cash following the end of interest rate hikes by the US Federal Reserve. Investors should consider converting cash at least partially into other investments. This is the only way to achieve long-term wealth accumulation. The study also revealed that 63% of respondents plan to invest more in equities over the next 12 months. 49 percent plan to invest in bonds. And 58% believe that the risk associated with equities and bonds is lower than with cash and that inflation can therefore be beaten.
The decisive factor is the fundamental data, and here the opportunities for gold investments are very good, not only from a historical perspective, but also precisely because of the current environment. Central banks use gold as a hedge and everyone knows that there are geopolitical risks. Just think of the tensions in the Red Sea that began in November and are still ongoing. There is also no end in sight to the war in Ukraine.
As another survey (by Postbank) revealed, many people rely on cash even when on vacation in Germany. One in three people have too much money with them on vacation, at least enough to cover their vacation expenses. In any case, investors can benefit from the performance of gold, and this also applies to the shares of well-positioned gold companies. These include GoldMining and Tudor Gold.
GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ - owns gold and gold-copper properties in the USA as well as a uranium project. In addition, there are shareholdings in U.S. GoldMining, for example.
Tudor Gold - https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ - is active in the Golden Triangle in British Columbia. The Treaty Creek project contains gold, silver and copper. The updated mineral resource estimate is pleasing with 16 percent more gold, 14 percent more silver and 32 percent more copper.
Current company information and press releases from 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 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/
