One record high in the price of gold follows the next. Gold is also being discovered again and again.
In England, not really known for its gold deposits, an amateur treasure hunter found a 65-gram gold nugget, making it the largest piece of gold ever found in the country. The nugget is estimated to be worth around 46,000 euros at the upcoming auction. Bids can still be submitted until April 1. How the valuable piece found its way to England remains a mystery. At the same time, efforts are underway in the waters of the Caribbean to salvage the Spanish galleon "San José". The ship, which was discovered eight years ago, has been lying there for more than 300 years. It remains to be seen whether the Colombian government will find the treasure believed to be there. Estimates suggest 100 crates of emeralds, gold and silver worth 20 billion US dollars around 600 meters below sea level. After all, the Colombian government plans to invest around 4.5 million US dollars in the salvage operation this year.
The fact that gold is more expensive than ever before has driven some people to jewelers to sell gold jewelry. The high gold price currently does not appear to be caused by private investors or the jewelry industry. The price-driving factors certainly include the central banks' hunger for gold. Imminent interest rate cuts and ongoing geopolitical crises are increasing the appeal of the precious metal. Demand from banks is predominantly restrained and sales are a rarity. After all, anyone who owns gold, one would think, would not want to give up their treasure. And so many are probably speculating on the three interest rate cuts of 25 basis points each expected by the Fed. Instead of physical gold - and above all in addition to it - the stocks of gold companies are an investment opportunity.
There is U.S. GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ -, for example, with its promising Whistler gold-copper project in Alaska. This is one of the largest undeveloped gold-copper resources in the USA.
When it comes to financing mining projects, Queen's Road Capital Investment - https://www.commodity-tv.com/ondemand/companies/profil/queens-road-capital-investment-ltd/ - comes into play. The financing company focuses on mining operations that are either already producing or are about to start production.
Current company information and press releases from Queen's Road Capital Investment (- https://www.resource-capital.ch/en/companies/queens-road-capital-investment-ltd/ -) and U.S. GoldMining (- https://www.resource-capital.ch/en/companies/us-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/
In England, not really known for its gold deposits, an amateur treasure hunter found a 65-gram gold nugget, making it the largest piece of gold ever found in the country. The nugget is estimated to be worth around 46,000 euros at the upcoming auction. Bids can still be submitted until April 1. How the valuable piece found its way to England remains a mystery. At the same time, efforts are underway in the waters of the Caribbean to salvage the Spanish galleon "San José". The ship, which was discovered eight years ago, has been lying there for more than 300 years. It remains to be seen whether the Colombian government will find the treasure believed to be there. Estimates suggest 100 crates of emeralds, gold and silver worth 20 billion US dollars around 600 meters below sea level. After all, the Colombian government plans to invest around 4.5 million US dollars in the salvage operation this year.
The fact that gold is more expensive than ever before has driven some people to jewelers to sell gold jewelry. The high gold price currently does not appear to be caused by private investors or the jewelry industry. The price-driving factors certainly include the central banks' hunger for gold. Imminent interest rate cuts and ongoing geopolitical crises are increasing the appeal of the precious metal. Demand from banks is predominantly restrained and sales are a rarity. After all, anyone who owns gold, one would think, would not want to give up their treasure. And so many are probably speculating on the three interest rate cuts of 25 basis points each expected by the Fed. Instead of physical gold - and above all in addition to it - the stocks of gold companies are an investment opportunity.
There is U.S. GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ -, for example, with its promising Whistler gold-copper project in Alaska. This is one of the largest undeveloped gold-copper resources in the USA.
When it comes to financing mining projects, Queen's Road Capital Investment - https://www.commodity-tv.com/ondemand/companies/profil/queens-road-capital-investment-ltd/ - comes into play. The financing company focuses on mining operations that are either already producing or are about to start production.
Current company information and press releases from Queen's Road Capital Investment (- https://www.resource-capital.ch/en/companies/queens-road-capital-investment-ltd/ -) and U.S. GoldMining (- https://www.resource-capital.ch/en/companies/us-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/
