Recently, shortly after reaching a new all-time high (2,438.40 US dollars per ounce), the price of gold experienced a slight decline. Gold thus had to endure its first significant setback. However, it cannot always go up. Also, with high gold prices, profit-taking may increase. Nevertheless, this does not diminish the attractiveness of the gold price overall, especially in the long term. If one stores physical gold treasures at home, one must ensure their security. Either with a good safe or perhaps with a good hiding spot. However, the risk of discovery remains.
Professional treasure hunters equipped with metal detectors search not only at historical sites but often in domestic gardens to find buried family heirlooms, for example. Thus, metal detectorists repeatedly discover old hidden treasures. Just like in a Polish mountain, a hoard of gold and silver coins was unearthed by a metal detectorist. This treasure belonged to a fraudster who had hidden his ill-gotten coins in the mountains in southern central Poland in the 17th and 18th centuries. He had convinced people of his healing power when a plague ravaged the land. Thus, thousands of medieval gold and silver coins from the Iron Age could be excavated. Discovered as early as 2022, the authorities only published the find later. This confirmed the true story of a legend.
As mentioned, if the price of gold were to falter today, this would not change the excellent fundamental data. Without having to worry about the storage of gold, investors can rely on gold assets.
Chesapeake Gold - https://www.commodity-tv.com/ondemand/companies/profil/chesapeake-gold-corp/ - owns one of the largest undeveloped gold and silver deposits worldwide with its Metates project in Mexico.
Calibre Mining - https://www.commodity-tv.com/ondemand/companies/profil/calibre-mining-corp/ -, active in Nicaragua and the USA, is a medium-sized gold producer.
For current company information and press releases from Calibre Mining (- https://www.resource-capital.ch/en/companies/calibre-mining-corp/ -).
In accordance with §34 WpHG, I would like to point out that partners, authors, and employees may hold shares in the companies mentioned and thus a possible conflict of interest may exist. No guarantee for the translation into German. Only the English version of this news applies.
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