Rate Of Return$GLD SG(GSD.SG)
What is considered the world’s de facto safe asset as well as ‘go to’ reserve asset? (Sorry USD. You are not really an asset. Just a trading intermediary)
It’s none other than gold. Gold has been given value since ancient times and a gauge of wealth. Gold is what the world will trust and trade when they don’t trust the fiat system. And gold’s value has been increasing with respect to fiat.
That is why most countries have a gold reserve. Gold is physical and will be relevant. After the pullback, gold’s value is looking reasonable again compared against the fiat system.
@Captain's Treasure
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