Gold has been synonymous with wealth preservation for thousands of years. All forms of money, from the barter system to today’s paper currency, are subject to inflation and devaluation by governments. Gold and other precious metals were actually created to be a universal currency. While the U.S. dollar has lost over 95% of its value since the Federal Reserve was created in 1913, gold has maintained its purchasing power.
Watch the full episode of The Gold-Backed Currency System and Wealth in Your Family | Russia Ukraine US World Financial War
The Gold-Backed Currency System and Wealth in Your Family | Russia Ukraine US World Financial War | Financial Wealth Talk
What makes Gold a great investment in times of social unrest, chaos, and calamities?
Gold is recognized as the ultimate safe haven. It is the only asset class that has retained its value over the centuries. Gold has been the best-performing investment vehicle and has retained its value in every form of a currency crisis.
Gold is not just a precious metal, it is an investment for the long term. It is strong and a hedge against inflation. It is also a hedge against chaos and uncertainty, which we are likely to see as the markets and the world become more unstable. Gold is a tangible asset that cannot be destroyed by a terrorist attack or a force majeure. It is also a good hedge against corruption, especially in places where there is a lot of unrest and strife.
Disclaimer: We are not financial advisors. The content on this website and our YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won’t experience any loss when investing. Always remember to make smart decisions and do your own research!