The Word on Investing

Why Are People Buying Gold?


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Why are people buying gold right now? Today I want to share the one reason I believe people are buying up gold right now in the United States. And that is that gold is resilient against the dollar. 

The thing that’s often ignored by analysts is that even during economic and world events that should have hurt the value of gold badly, gold remained resilient, and it’s likely to continue to do so. 

You can think of owning gold like having an emergency fund of actual cash. It’s for emergencies. If the value of the dollar was ever seriously compromised, owning physical gold could be an enormous boon for your family.

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