1. Goldfields
Ladanov Denis
Sunil Ram

2. The reason
• Lower risk
• Inflation vs deflation
• Supply and demand
Denis Ladanov

3. Goldfields
• Gold mining
• Johannesburg
• Profitable
• € 7,700,000,000
• 3,000,000
Denis Ladanov

4. Trends
2013
2012
2011
Denis Ladanov

5. march
Denis Ladanov

6. Future?
• Rise steadily
• Economic Conjuncture
• Risk
• Resources
Denis Ladanov