Post
Topic
Board Economics
Re: Will people come back to gold
by
@Hakermania@
on 08/02/2019, 00:17:15 UTC
With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)

Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.

Gold for millennia is always the best shelter. I think that in the future it will also be bitcoin given that it enjoys scarcity and extract it has a cost, just like gold.