That why there is the "Golden Rule".. he with the gold rules.
My wife has some family from Venezuela.. you should see whats happening to their money there. The smart ones converted to gold or other non-paper intangibles. As the value of their money goes down.. guess what.. gold is still traded globally. And accepted everywhere. Its probably easier to move gold than it is to move a suitcase full of cash.
Not as an investment but as a security against XYZ that can happen.
If the stock market crashes.. do you think gold value will go down?
My wife has some family from Venezuela.. you should see whats happening to their money there. The smart ones converted to gold or other non-paper intangibles. As the value of their money goes down.. guess what.. gold is still traded globally. And accepted everywhere. Its probably easier to move gold than it is to move a suitcase full of cash.
Not as an investment but as a security against XYZ that can happen.
If the stock market crashes.. do you think gold value will go down?