Post
Topic
Board Economics
Re: Why do older people like investing in Gold/Silver?
by
amiramakam
on 15/09/2018, 10:17:41 UTC
there is a lot of reason why people invest in gold. Gold is one of the few tangible assets, and therefore, it creates a sense of security among investors. Buying gold is much easier than buying other tangible assets such as real estate. As inflation increases, monetary value will decrease. In the long term, almost all major currencies are down against gold. Therefore, people tend to invest in gold.