Today it is difficult to invest the savings properly. Investments in gold and gold shares can be helpful there.
According to the experts at J.P. Morgan Asset Management, the question today is no longer whether to save, but how. Because at today's interest rates, it would take 720 years for savings to double. German citizens are investing more and more in stocks, a boost also came with the Corona crisis. Nevertheless, there are still few of them overall. From a statistical point of view, only one in six, or 17.5 percent of those over 14, were invested in shares last year. Although savings books, which are still very popular, are shrinking in terms of purchasing power.
The calculation made by J.P.Morgan Asset Management should convince those who are not yet invested in equities. So, at a 0.1 percent rate of return, it takes 720 years for assets to double. At a yield of six per cent, for example, it would take only 12 years to double. And on average, equity funds focusing on German companies have actually returned a little more than six percent. In this country, inflation, which is eating away at our assets, is 4.5 percent. Compared to Turkey, for example, where it is now close to 20 percent, this still doesn't seem that high. But it reduces the savings and an investment in shares should be considered. In Turkey, by the way, the extremely weak currency is further fuelling inflation, because goods are becoming much more expensive.
When looking at gold mining stocks, Revival Gold - https://www.youtube.com/watch?v=83mQKWrKaGw -, for example, is appealing. Its Beartrack-Arnett project used to be the largest producing gold mine in Idaho. A preliminary economic assessment forecasts production of 72,000 ounces of gold annually at an all-in sustaining cost of $1,057 per ounce.
Among the producers is Karora Resources - https://www.youtube.com/watch?v=tjQ1f_OVjiE -. In Western Australia, the company's Beta Hunt and Higginsville gold projects brought a total of nearly 85,000 ounces of gold out of the ground in the first three quarters of 2021.
Current corporate information and press releases from Karora Resources (- https://www.resource-capital.ch/en/companies/karora-resources-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 the experts at J.P. Morgan Asset Management, the question today is no longer whether to save, but how. Because at today's interest rates, it would take 720 years for savings to double. German citizens are investing more and more in stocks, a boost also came with the Corona crisis. Nevertheless, there are still few of them overall. From a statistical point of view, only one in six, or 17.5 percent of those over 14, were invested in shares last year. Although savings books, which are still very popular, are shrinking in terms of purchasing power.
The calculation made by J.P.Morgan Asset Management should convince those who are not yet invested in equities. So, at a 0.1 percent rate of return, it takes 720 years for assets to double. At a yield of six per cent, for example, it would take only 12 years to double. And on average, equity funds focusing on German companies have actually returned a little more than six percent. In this country, inflation, which is eating away at our assets, is 4.5 percent. Compared to Turkey, for example, where it is now close to 20 percent, this still doesn't seem that high. But it reduces the savings and an investment in shares should be considered. In Turkey, by the way, the extremely weak currency is further fuelling inflation, because goods are becoming much more expensive.
When looking at gold mining stocks, Revival Gold - https://www.youtube.com/watch?v=83mQKWrKaGw -, for example, is appealing. Its Beartrack-Arnett project used to be the largest producing gold mine in Idaho. A preliminary economic assessment forecasts production of 72,000 ounces of gold annually at an all-in sustaining cost of $1,057 per ounce.
Among the producers is Karora Resources - https://www.youtube.com/watch?v=tjQ1f_OVjiE -. In Western Australia, the company's Beta Hunt and Higginsville gold projects brought a total of nearly 85,000 ounces of gold out of the ground in the first three quarters of 2021.
Current corporate information and press releases from Karora Resources (- https://www.resource-capital.ch/en/companies/karora-resources-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/
