Gold is the most stable currency in the long term

Clinq Coin Gold
2 min readMar 26, 2021

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The important thing to consider when investing in gold bullion is that the metal retains its value. Its purchasing power remains unchanged. A British sovereign contains 7.3 grams of gold. One and a half centuries ago you could buy a high-quality suit with this money, and you can do it now. For €500 you can buy a good suit today, but 150 years from now it will hardly be possible because inflation occurs and money depreciates. In contrast to cash, the amount of precious metals does not increase at all. Therefore, their price will only rise.

Gold can serve as a hedge against recession or critical economic conditions. The value of this metal does not directly depend on the situation at the stock exchange. And vice versa, when the economy is unfavorable, the price of gold goes up.

Keeping 10 to 20 percent of your funds in gold is a reasonable way to diversify your investment portfolio.If you own precious metals, you do not rely on the work of financial institutions. Gold bullion can be held out of banks and does not need to be reported.

These arguments show that gold is a reliable investment tool. It is indispensable for the preservation and multiplication of your capital.

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Clinq Coin Gold
Clinq Coin Gold

Written by Clinq Coin Gold

Pearls & Precious Stones Trading, Jewellery Trading, Non-Manufactured Precious Metal Trading

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