Now the appearance of banknotes, stamps, coins and more will change. Until that time comes and they are finished, coins with the image of the Queen are still being produced. By the way, it is customary for a new monarch to face the opposite way. So, King Charles will probably turn his head to the left - a custom that has existed since the 17th century. It is always a good idea to buy a few gold coins. Gold has excellent properties; its value cannot depreciate, and it helps to preserve wealth. It's different with paper money, because the money supply has increased about fortyfold in the last 30 years.
However, banks and coin dealers charge a premium on the metal value. The purchase and sale of gold investment coins is VAT-free in this country as long as the coins function as legal tender. And after the holding period of one year, the coins can be resold tax-free. If investors want leverage on the gold price, then investing in the stocks of gold companies is recommended. The leverage in gold stocks ensures that share prices rise and fall disproportionately to the price of gold. Since the high for the year, gold has suffered some losses. But experts expect a turbulent stock market in the fall, and in addition, people in Europe are afraid of a dark winter. The sell-off in gold could then be over. In any case, the current phase of weakness is perhaps the best time to enter. Osisko Development or Tudor Gold would be suitable.
Osisko Development - https://www.youtube.com/watch?v=5ILnR9Y6Vfc - has projects in Mexico, Canada and the USA in its portfolio. The main project is the Cariboo project in British Columbia.
Tudor Gold - https://www.youtube.com/watch?v=hconKNJAX4w - has one of the largest gold discoveries found anywhere in the world in the last 30 years at its flagship Treaty Creek project in British Columbia.
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/