Why invest in gold? - about the unique properties of gold, which render it immune to inflation
In the minds of human beings, gold has always been associated with wealth and power. Its shiny and beautiful appearance made it a desirable material, for the creation of jewelry and religious objects. Kings used it to decorate their palaces, and priests - to adorn their temples. During the Renaissance, explorers sailed across the ocean in search of gold, and along the way, discovered the continent of America. But the main role of gold has always been to serve as an international currency, which is accepted by merchants all over the world. Even though officially we’ve stopped using it as money, central banks continue to hold it as part of their reserves. So what makes gold such a special element? Why do we think that private people like yourselves should nowadays own some gold ?
This video contains a comprehensive review of the unique physical, historic and economic properties of gold, which render it immune to inflation, and turn it into an attractive investment in this day and age.
Disclaimer: The speaker is not a licensed financial advisor. This video is intended for general informational purposes only, and should not be regarded as investment advice. Before taking any investment decision, please consult with a professional financial advisor, who may assess your personal investment objectives and needs.
Music: Michael Kobrin - The Introvert
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