Wyoming backs gold and silver - investors should too!
(PresseBox) - So far, Wyoming does not own a single ounce of gold. This is a threat to finances and citizens.
A bill to establish a "Wyoming Gold Reserve" has been introduced. The state treasurer is required to hold at least ten million US dollars as legal tender. Gold is to be held as an asset so that Wyoming can be hedged against its high exposure to Federal Reserve dollars. Investments should be made in precious metal leases and precious metal bonds, if necessary. The central banks of many countries, including many states in the USA, have begun to look for dollar alternatives. And this is where gold and silver, known for thousands of years as reliable stores of value, come into play. The state treasurer is also expected to prepare a study analysing the role of precious metals in increasing, stabilizing and ensuring economic security and prosperity. The acceptance of gold and silver as a means of payment is to be investigated. In addition to Wyoming, Utah and Tennessee have also recently initiated the introduction of gold reserves. New Hampshire has decided to allow the treasurer to invest up to ten percent of all public funds in gold, silver, platinum and digital currencies.
Last year, investors were able to make handsome profits with gold and silver. Gold was and will continue to be in demand as a crisis currency. In the case of silver, the well-known industrial applications are also likely to ensure strong demand in 2025. 2025 looks set to be the fifth year in a row with a silver deficit. These are good prospects for companies such as Aurania Resources and Fortuna Mining.
Aurania Resources - https://www.commodity-tv.com/ondemand/companies/profil/aurania-resources-ltd/ - focuses on precious metals and copper in South America.
Fortuna Mining - https://www.commodity-tv.com/ondemand/companies/profil/fortuna-mining-inc/ - is a successful gold and silver producer with mines in Argentina, Burkina Faso, Côte d Ivoire, Mexico and Peru.
Current company information and press releases from Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -) and Fortuna Mining (- https://www.resource-capital.ch/en/companies/fortuna-mining-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/
Unternehmensinformation / Kurzprofil:
Datum: 20.01.2025 - 01:21 Uhr
Sprache: Deutsch
News-ID 716593
Anzahl Zeichen: 0
contact information:
Contact person: Jörg Schulte
Town:
Herisau
Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
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"Wyoming backs gold and silver - investors should too!"
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