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Providing for retirement with gold



Gold is a popular investment. It is worth thinking about whether gold can be used to make provisions for later.

Gold investments are an option for all levels of society, especially in turbulent times. Of course, the price of gold is subject to fluctuations, but it has risen by around 35 percent in euros and by around 18 percent in U.S. dollars over the past ten years. And since 2002, it has even risen by around 470 percent in U.S. dollars. These are returns that are not easily available elsewhere.

Nevertheless, gold may not be equally suitable for everyone as a retirement provision. Those who are already invested know that gold does well in crises. When the economy and politics are volatile, the price of gold tends to rise. Many feel more secure owning physical precious metal, according to well-known Rick Rule of Rule Investment Media, for example. Gold also serves as a hedge against inflation because, as is the case with paper money, gold retains its value regardless. In a crisis, physical gold has the advantage of owning a tangible asset that can be easily accessed. Since 1970, the value of gold has risen sharply in some cases. And in terms of uncertainties, there are enough today that a further price increase would not be surprising. On the other hand, gold does not pay interest or dividends.

Whether gold is really a protection against inflation is denied by some analysts. And storing physical gold costs money or even space, because safe storage is necessary. For a stress-free investment gold is not necessarily suitable, because there were and are also times with losses in value. The solution in investing for later times is diversification, i.e. a balanced investment portfolio. But gold respectively gold shares belong to it in any case.

Caledonia Mining – https://www.youtube.com/watch?v=kNcPzXxVTno -, for example, has been producing successfully at its Blanket mine in Zimbabwe for years. Caledonia Mining owns 64 percent of the mine.

Fury Gold Mines – https://www.youtube.com/watch?v=wS8MreV3_mo – is led by a very experienced management team and has prospective projects in very good regions (Nunavut, Quebec, British Columbia).

Current corporate information and press releases from Caledonia Mining (- https://www.resource-capital.ch/en/companies/caledonia-mining-corp/ -) and 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/

Posted by on 2. June 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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