Hi @gomezaloysius, Thank you for your question. Historically, over the long term, Gold has increased in value and has beaten inflation. As mentioned in the video, the price of gold goes up due to inflation, an increase in demand, and a supply that is limited by how much (and how quickly) Gold can be extracted from the earth. However, though Gold can be argued to be an inflation hedge, we believe that a globally diversified portfolio of equities is a better and more reliable inflation hedge over the long term. Hope this helps and have a good week ahead. - Isaac, Client Adviser
Gold is the fundamental money. Thats should be the primary concept of buying gold. Buying gold is to say to convert your paper money into risk a free currency. This is the meaning of gold as a storage of wealth. Gold price is going up (always, eventually) is basically because all the monies are increasing in circulation. Understand gold from this perspective first because trying to get yourself confused with inflation hedge.. war.. . utility values.. and risk of USD..
Singapore inflation is high.
Is Gold an always appreciating asset?
Hi @gomezaloysius,
Thank you for your question. Historically, over the long term, Gold has increased in value and has beaten inflation.
As mentioned in the video, the price of gold goes up due to inflation, an increase in demand, and a supply that is limited by how much (and how quickly) Gold can be extracted from the earth.
However, though Gold can be argued to be an inflation hedge, we believe that a globally diversified portfolio of equities is a better and more reliable inflation hedge over the long term.
Hope this helps and have a good week ahead. - Isaac, Client Adviser
Gold is the fundamental money. Thats should be the primary concept of buying gold. Buying gold is to say to convert your paper money into risk a free currency. This is the meaning of gold as a storage of wealth.
Gold price is going up (always, eventually) is basically because all the monies are increasing in circulation. Understand gold from this perspective first because trying to get yourself confused with inflation hedge.. war.. . utility values.. and risk of USD..
Gold reveal government bad monetary plan.
Be your own center bank. Own gold and silver.