Gold dispute

This is a legal dispute between Venezuelan President Nicolas Maduro and opposition leader Juan Guaido that has been going on for years. The gold is stored at the Bank of England. Now the legal battle continues again in the London High Court, the UK’s highest court. Last year, it was ruled that Guaido was the head of state of Venezuela. The latter thus assumed that he had the decision-making power over the 31 tons of gold bars. However, since the Supreme Court in Venezuela had ruled that Guaido’s appointment to an ad hoc central bank board was invalid, the case must now be heard again in London.

By the way, there is a dispute about the "Crimean gold, for about eight years, between Russia and Ukraine. In the third instance, the dispute is now pending before the highest court of the Netherlands in The Hague. The "Crimean gold" is about valuable archaeological objects, about a quarter of which are made of gold. In this case, several pieces came from the National Museum in Kiev, they were the gold objects of the Scythians. Political developments took their course – the annexation of the Crimean Peninsula by Russia. The "Crimean gold" is currently in the Netherlands.

One thing that should not be a matter of contention when it comes to gold is the fact that unlike paper currencies, gold does not lose its value but retains it. Gold as a safe haven should soon move upwards in price, time will tell. So it’s high time to look around at gold companies, and for the sake of diversification, perhaps even at royalty companies.

Gold Royalty – https://www.youtube.com/watch?v=m9UVP9VFjnA – focuses on gold in terms of royalties and precious metal offtakes in North and South America.

Likewise, Osisko Gold Royalties – https://www.youtube.com/watch?v=1LTHxgrpX7Q -. This company scores with over 165 royalty and precious metal sales. The second quarter of 2022 brought record earnings.

Current corporate information and press releases from Gold Royalty (- https://www.resource-capital.ch/en/companies/gold-royalty-corp/ -) and Osisko Gold Royalties (- https://www.resource-capital.ch/en/companies/osisko-gold-royalties-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.

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