Gold has become increasingly valuable in recent times. New price highs have been reached.
The Romanian National Bank sent its gold to Moscow. This story begins at the time of the First World War. At that time, Russia was the only ally with which Romania shared a common border. In addition, the Romanian royal family had strong family ties to the Russian imperial family. In 1916 and 1917, Romania shipped the National Bank's gold reserves (91.5 tons of gold in the form of bars and coins), Queen Marie's jewelry and other valuables to Russia. Everything was to be kept safe there. In 1917, the Bolsheviks took power and all the transferred valuables, including the gold, were confiscated. Russia later returned some of the treasures, but not the gold reserves. Romania's gold treasure has long been an issue between the countries involved.
The fact that Romania's gold reserves were delivered to Russia at the time is proven by the original records, which are still kept at the National Bank of Romania more than 100 years later. The Board of Directors of the National Bank of Romania has now raised the matter in the European Parliament. Since March 5, 2024, there has even been an exhibition in the European Parliament: "The gold treasure of the National Bank of Romania sent to Moscow and never returned". Given the high price of gold, it is all the more understandable that Romania wants its gold back. Private investors do not have such opportunities. They have to rely on today's markets. Gold companies are one way for investors to make money from the rising gold price. Revival Gold and Chesapeake Gold, for example, are well positioned.
Revival Gold - https://www.commodity-tv.com/ondemand/companies/profil/revival-gold-inc/ - owns the largest previously producing gold mine in Idaho.
With its flagship Metates project in Mexico, Chesapeake Gold - https://www.commodity-tv.com/ondemand/companies/profil/chesapeake-gold-corp/ - has an immensely large gold and silver deposit that appears very promising.
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/
The Romanian National Bank sent its gold to Moscow. This story begins at the time of the First World War. At that time, Russia was the only ally with which Romania shared a common border. In addition, the Romanian royal family had strong family ties to the Russian imperial family. In 1916 and 1917, Romania shipped the National Bank's gold reserves (91.5 tons of gold in the form of bars and coins), Queen Marie's jewelry and other valuables to Russia. Everything was to be kept safe there. In 1917, the Bolsheviks took power and all the transferred valuables, including the gold, were confiscated. Russia later returned some of the treasures, but not the gold reserves. Romania's gold treasure has long been an issue between the countries involved.
The fact that Romania's gold reserves were delivered to Russia at the time is proven by the original records, which are still kept at the National Bank of Romania more than 100 years later. The Board of Directors of the National Bank of Romania has now raised the matter in the European Parliament. Since March 5, 2024, there has even been an exhibition in the European Parliament: "The gold treasure of the National Bank of Romania sent to Moscow and never returned". Given the high price of gold, it is all the more understandable that Romania wants its gold back. Private investors do not have such opportunities. They have to rely on today's markets. Gold companies are one way for investors to make money from the rising gold price. Revival Gold and Chesapeake Gold, for example, are well positioned.
Revival Gold - https://www.commodity-tv.com/ondemand/companies/profil/revival-gold-inc/ - owns the largest previously producing gold mine in Idaho.
With its flagship Metates project in Mexico, Chesapeake Gold - https://www.commodity-tv.com/ondemand/companies/profil/chesapeake-gold-corp/ - has an immensely large gold and silver deposit that appears very promising.
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/
