Rate Of ReturnAug 13 at 09:02 AM
Time for Gold and Silver to Shine
Gold has always been an asset that has been treasured since thousands of years ago. So is silver.
I mean if you look through history, what was the universal currency of many civilisations that became before us. Yup it’s gold and silver coins.
Why not diamonds or some other shiny stuff? I don’t know. Gold and silver were the chosen ones.
Even now, what do governments and organisations store to denominate value?Gold primarily. They keep gold and put it on balance sheets.
In times of uncertain financial policies, gold gets turned to. Gold’s price as well as the other precious metals seen to indicate the previous months’ drawdown is done and their price might go up again as people flock to them for safety.
@Captain's Watch
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