Page 73 - Black Mountain Global Group - Presentation
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PRECIOUS METAL SPECTRUM
With the introduction of the gold standard, international monetary systems were created that traded in paper money backed by gold.
The spectrum of precious metals (diamonds & gold) contained within our complex areas of activity mainly relates to exclusive investment
strategies, which specifically focus on the following positions in the gold spectrum:
The investments in gold we offer contain the following positions:
Gold bars or gold flakes of at least 995/1000 fineness and of a weight generally accepted in the international gold markets.
Gold coins with a fineness of at least 900/1000. The coins must have been minted after the year 1800. They must either serve as current
legal tender in their country of origin or they must have been used as a means of payment in the past.
Gold certificates (e.g. SKR's or custody certificates etc.), whereby it does not matter whether the gold is held collectively or individually.
A purity of 995/1000 means that in 1000 parts of the total weight at least 995 parts must be pure gold. The remaining five parts are admixtures,
such as copper or other metals. Accordingly, gold with a purity of 900/1000 must contain at least 900 parts pure gold in 1000 parts by weight.
The past economic crises show how important gold was and still is as protection against inflation.
Investors who had put their money in bank accounts during the economic crises had to watch
helplessly as their assets continued to shrink. In these difficult times, the value of gold was
particularly evident.
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