Is this a good time to invest into gold (GLD)?

Question

As the fiscal position of the United States continues to deteriorate at the same time that foreign countries are scaling back on their purchases of U.S. Treasuries, many investors are rightly worried about where they can hide from a potential decline in the value of the dollar and are looking to invest in a reliable “store of value.”

A store of value is an asset which can be stored and reliably retrieved at a later time with its purchasing power intact. Some investors seeking this protection prefer gold, and some prefer bitcoin. Some even prefer both gold and bitcoin.

Oropocket 4 months 2021-10-11T17:36:25+00:00 0 Answers 0

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