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Gold attracts not only investors but also thieves


Von Swiss Resource Capital AG

According to the Canadian Press, gold goods worth more than $20 million were stolen from Toronto Pearson Airport.

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An airplane, from where it came, was not told, had brought a container with the valuable content. The container was taken to a cargo hold, then it was illegally removed. Gold and other items of high value are now missing. Of course, those in charge at the airport pleaded that this was a special isolated case and that there were no other concerns about travel or public safety. Spectacular gold thefts happen all the time. Just think of the legendary theft from the Bode Museum years ago. Sometimes old gold coins are also stolen, as happened last year in Manching at the Celtic-Roman Museum. But even mints like the Royal Canadian Mint are not immune to theft. From 2008 to 2015, for example, an employee repeatedly helped himself illegally.

 

Sometimes, chance can help. This is what happened in the vault at Heathrow Airport in 1983. Thieves wanted to help themselves to the cash, but there were still a few tons of gold in the vault. Naturally, they were also taken. Hardly anything is likely to keep the financial community as busy as the price of gold. Since January 2023 a plus of approximately 12 per cent is to be registered. The precious metal is moving towards a new all-time high and no other precious metal can keep up at the moment. The prospect of falling interest rates, the threat of recession and dwindling confidence in paper currencies make gold look so attractive.  There should also be a few stocks of gold companies in the portfolio, such as Fury Gold Mines or Calibre Mining.

 

In Quebec and Nunavut, Fury Gold Mines - https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ - has prospective properties that have already produced very good drill results.

 

Calibre Mining - https://www.commodity-tv.com/play/calibre-mining-sitevisit-2023-in-nicaragua-at-the-limon-gold-mine/ - operates in North and South America. 65,000 ounces of gold were produced by Calibre Mining in the first quarter of 2023, which was a record.

 

Latest corporate information and press releases from Calibre Mining (- https://www.resource-capital.ch/en/companies/calibre-mining-corp/ -) and Fury Gold Mines (- https://www.resource-capital.ch/en/companies/fury-gold-mines-ltd/ -).

 

 

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/



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