Nowadays, there are such events in the world that cannot but affect the economy of countries and citizens. So why do we think investing is the best way to protect our well-being in such an unstable time?
The answer is simple: gold is the currency of last resort and acts as a hedging tool during a collapse in the foreign exchange market. Gold is also used not only to hedge risks associated with increased market volatility. Many investors regard it as a protective asset in the face of inflation and devaluation of the national currency.
By the way, in the current conditions, analysts at Goldman Sachs recommended that clients purchase the precious metal. Analysts of the Bank believe that the precious metal is now at the point of reversal in the next 12 months and will reach $1800. The record high price of gold was noticed in 2011 at $1,900.
All of the above says only one thing: investing in a cryptocurrency reinforced by gold is a financial protection from an unstable economic environment
