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Press release Box-ID: 1087492

Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

Hate or love gold

(PresseBox) ( Herisau, )
Governments can control money, but not gold. Therefore, they do not necessarily love it.

Money can be multiplied and printed at will, gold cannot. With gold, governments cannot intervene in the redistribution of wealth. India may serve as an example. Because here the government is currently trying to control gold imports through higher import taxes and rules. As a result, gold smuggling into India has increased enormously. Central banks own gold, but the reasons are the same that guide ordinary citizens. Gold cannot be controlled by other governments.

Money can easily be taxed by governments, but gold is not so simple. The fact that gold has increased in value against all currencies since there is no longer a gold standard should please investors who back gold. Central banks don't like it when people find an alternative to fiat currencies, because central banks like money. Now, if people turn away from fiat money and bet on gold, it undermines the power of central banks. When the gold standard was in place, the US government's ability to issue debt was limited. Today, the Fed can buy government bonds without owning gold in return. So, printing money without end is no longer a problem for central banks. But the consequences for private wealth are hitting citizens. The value of fiat money is dwindling, with no way to stop it. To counteract this dilemma, investments in gold or gold shares are recommended. Here Caledonia Mining or CanaGold could be considered.

Caledonia Mining - https://www.youtube.com/watch?v=t6PFpRjvfTo - is a successful gold producer thanks to its Blanket mine in Zimbabwe.

CanaGold - https://www.youtube.com/watch?v=_0q2eIuYKI4 - is working on the New Polaris gold mine in British Columbia; the latest drill results have yielded up to 14 grams of gold per ton of rock.

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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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound 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.