This practically leads to a financial backlog. As a result, the share of cash and sight deposits in total private financial assets that are not invested is around 28 percent. In 2008 this was only a good 13 percent. And this although at the same time the financial assets have grown by around 49 percent to almost five trillion euros.
The consequences are clear: a loss of income has to be accepted. Interest income will shrink by around half this year compared to 2009. Inflation is higher than the average interest rate and leads to a loss of value. Citizens are always advised to make additional private provision for old age. Only those who need a loan can be happy.
Investing at least part of the assets in stocks should be considered. A certain rethinking seems to be taking place. In the first half of 2020, more invested their money in shares, but the majority still shy away from buying shares. If you look at the most popular stocks in Germany, these are very well-known names. But in the current environment and with the high gold price, an investor should definitely also look at the gold companies.
You could think of Bluestone Resources, Trillium Gold Mines or Canarc Resources here. Bluestone Resources – https://www.youtube.com/watch?v=WzAJ8_SxsJg – owns two projects in Guatemala, the Cerro Blanco gold project and the Mita geothermal project. Cerro Blanco has already shone with very good gold grades when drilling. In the first three years, around 146,000 ounces should be produced annually.
Also an investment in Canarc Resources – https://www.youtube.com/watch?v=KTXbSmIbzU0&t=7s – could be promising. Among the gold projects in British Columbia, the New Polaris gold project is particularly significant, and the company has an advanced gold project in Nevada.
In the Red Lake Mining District within the Michipicoten Greenstone Belt in Ontario is the gold property of Trillium Gold Mines – https://www.youtube.com/watch?v=Y4D39hdXw14&t=31s -. This places the Cline Edwards, Highland South and Highland North properties in an excellent prospecting area.
Current company information and press releases from Bluestone Resources (- https://www.resource-capital.ch/de/unternehmen/bluestone-resources-inc/ -) and Trillium Gold Mines (- https://www.resource-capital.ch/de/unternehmen/trillium-gold-mines-inc/ -).
In accordance with Section 34 of the WpHG, I would like to point out that partners, authors and employees can hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of these messages applies.
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 assumed for damage caused by using this blog. I would like to point out that stocks and especially warrant investments are generally associated with risk. The total loss of the capital employed cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of any content. Despite the greatest care, I expressly reserve the right to make errors, particularly with regard to figures and rates. The information it contains comes from sources that are believed to be reliable, but in no way claims to be correct or complete. Due to court judgments, the content of linked external pages is jointly responsible (for example, Hamburg Regional Court, in the judgment of May 12, 1998 – 312 O 85/98), as long as there is no express distancing from them. Despite careful control of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Personal-Financial.com AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/
Note: PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section. PERSONAL-FINANCIAL.COM AG is not responsible for content that has been recognized by third parties in the “News” area of this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” label below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.