1. People invest in gold for many different reasons. Many do so out of concern over economic, monetary, or political uncertainty. Others seek a hedge against inflation, a way to protect and preserve the real purchasing power of their savings. There are also those who simply seek some peace of mind, a dependable insurance asset,…
Physical precious metals have a long history of being viewed as a store of value during times of economic and geopolitical turmoil.
For those investors back in 1956, who bought one ounce of gold for 35 dollars, however, they could have sold that same ounce today for over $1700 – an increase of 4,757%.
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