How to invest for the long term
A recent forsa survey of German households commissioned by pro aurum shows the mood.
(PresseBox) - their opinion (looking at the next three years, if they were to choose an investment today), 30 percent favored shares and 26 percent gold. Seventeen percent opted for fund shares and seven percent for fixed-term deposits. In the case of shares, 37 percent of men and only 22 percent of women voted in favor. When asked which financial investments they currently own, more than a third responded with an overnight money account, followed by real estate. Gold bars and coins only came in ninth place. Only six percent own silver bars or coins. When asked whether gold is a good addition to other investments, 77% of respondents agreed, as did the question of whether gold is a safe investment. The price of gold has more than doubled since 2010. At that time, an ounce of gold cost 1,096 US dollars. In May 2024, more than 2,400 US dollars had to be paid. The new high was USD 2,442 per troy ounce on May 21.
Today, central banks, especially in emerging and developing countries such as China and Russia, are showing that gold can be used to offset risks. This is because the global financial order was shaken by the war in Ukraine. The vulnerability of US dollar reserves had to be recognized. Countries want to protect themselves from foreign seizures. They have not and will not be deterred by higher gold prices. In addition to China and Russia, this can also be seen in India and Turkey. But gold is also a top priority for private investors due to its protective function, although unfortunately not among the actual forms of investment.
Gold stocks such as Karora Resources - https://www.commodity-tv.com/ondemand/companies/profil/karora-resources-inc/ - with its two producing gold mines in Western Australia are suitable for profiting from further increases in the gold price.
In the silver sector, MAG Silver - https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ - is pleasing. The company owns a stake in the producing Juanicipio mine in Mexico as well as other projects.
Current company information and press releases from MAG Silver (- https://www.resource-capital.ch/en/companies/mag-silver-corp/ -) and 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/
Unternehmensinformation / Kurzprofil:
Datum: 19.06.2024 - 14:05 Uhr
Sprache: Deutsch
News-ID 707384
Anzahl Zeichen: 4373
contact information:
Contact person: Jörg Schulte
Town:
Herisau
Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
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"How to invest for the long term"
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