1Settimana·

What do you think of gold? 🏅

Opinions are divided when it comes to gold. Some don't believe in gold at all, others swear by it (but only physically in a safe) and still others - like me - invest in gold mines... 😉


I kind of fell into mining like a hero. It started in 2018 when I got a "tip" from a forum that I should take a look at K92 Mining. At the time, it was an unknown explorer who had just bought a disused mine from Barrick.


Long story short ... I probably had more luck than sense. Today, K92 Mining is on its way to becoming a Tier 1 producer and one of my largest positions. That was the beginning. Since then, I have invested speculatively in explorers from time to time. Some with an almost total loss, others with a "ver-x-fold". But the bottom line is that they are very profitable.


Over time, of course, I have also become interested in gold and now consider it an indispensable part of an investment. Whether it has to be in the form of mines remains to be seen.


For me, gold is one of the best ways to protect your money from inflation and to achieve a certain stability in your wealth accumulation. What do you think? 🤔


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#gold

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6 Commenti

immagine del profilo
1Settimana
overextended
1
immagine del profilo
@Ph1l1pp You mean the price of Gold? I personally believe that we will see even higher gold prices in the near future.
immagine del profilo
@Part_Time_Joe Safe higher
immagine del profilo
I see gold as a tool for asset protection in difficult times.

Of course it has performed well in terms of value, but historically there have also been times when there was little movement for a long time. At the moment, however, I think we will actually see even higher valuations due to government debt.
1
immagine del profilo
Store of value - nothing for asset accumulation :)

LG
immagine del profilo
@Tobiwankenobi500 some would disagree with you... at least you can also invest in mines etc. ;)
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