In the 19th century, the discovery of gold in the USA changed many things.
Gold discoveries not only had a major impact on economic and social development in the USA, but also resulted in large population movements and the founding of new towns. The first gold rush can be traced back to 1799, when a young farmer in North Carolina found a 17-pound gold nugget. The first gold mine, the Reed Gold Mine, was founded. By the mid-1830s, North Carolina was the leading gold producer in the USA. The Charlotte Mint was founded. It converted the mined gold into US currency. The second gold rush took place in Georgia in 1828. Thousands of gold seekers came, and the Cherokee nation was driven out.
The California Gold Rush started in 1848; it is the most famous. California was born and cities like San Francisco grew up quickly. In 1859, gold was discovered in the Rocky Mountains near present-day Denver, Colorado, then in Idaho in 1862. Not all prospectors became rich, but gold discoveries contributed to settlements, promoted the development of new territories and states and played a major role in westward expansion. Gold also had a positive impact on the growth of the American economy.
Today, gold is an important component of assets, be it central banks and governments or private or institutional investors. However, the latter are not yet overly invested in gold. The development of the gold price has attracted many investors and will continue to do so in the future. After all, gold is the real money that retains its value. Gold companies should not be missing from any well-diversified portfolio. GoldMining or Sierra Madre Gold and Silver, for example, would come into consideration.
GoldMining's - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ - properties are located in North and South America and contain gold and copper. There are also shares in Gold Royalty, U.S. GoldMining and NevGold.
Sierra Madre Gold and Silver - https://www.commodity-tv.com/ondemand/companies/profil/sierra-madre-gold-silver/ - owns gold and silver projects in Mexico. The revitalization of the La Guitarra mine is progressing successfully and the daily production rate is increasing daily. Preliminary gold grades range from a good 28 to 38 grams of gold per ton of rock.
Current company information and press releases from Sierra Madre Gold and Silver (- https://www.resource-capital.ch/en/companies/sierra-madre-gold-and-silver-ltd/ -) and GoldMining (- https://www.resource-capital.ch/en/companies/goldmining-inc/ -).
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/
