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Cash is becoming less important for everyday purchases. Nevertheless, the amount of cash in the eurozone continues to rise, even though large amounts of cash are lying dormant at home. There are now around 300 billion euros more in circulation than at the start of the pandemic, i.e. around 1.5 trillion euros (in the eurozone). The amount of cash in circulation is rising because, on the one hand, people are hoarding a lot of cash and because there is both a shadow economy and the euro as a reserve currency abroad. The shadow economy is an activity outside the law, for example criminal activities or illegal employment. Incidentally, the police often find large sums of money during vehicle checks on the A3 in Bavaria. Just a few months ago, the police found a million euros during a check. Storing euros under the mattress is not such a good idea. It loses value, may be stolen or forgotten and overlooked.

Preserving value works with gold. This also includes the stocks of gold companies. New tariff announcements by the US government have just caused the price of gold to rise again. Chart technicians see a possible breakout above the trend line and thus a short-term buy signal. And the demand for safe investments in these uncertain times continues to rise. Many experts therefore expect gold prices to continue to rise, although there are of course also skeptics. What is certain is that the price of the precious metal is holding steady above 3,000 US dollars per troy ounce. A look at gold companies such as Tudor Gold or Osisko Development should not be missed.

Tudor Gold – https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ – has the Treaty Creek project (gold, copper, silver) in the Golden Triangle, an outstanding region in British Columbia. It covers almost 18,000 hectares.

Osisko Development – https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ – owns the Cariboo (Canada), San Antonio (Mexico) and Tintic (USA) projects. Production at Cariboo (around 190,000 ounces of gold per year over ten years) is scheduled to start in 2027.

Current corporate information and press releases from Osisko Development (- https://www.resource-capital.ch/en/companies/osisko-development-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/