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In recent years, central banks have become increasingly interested in acquiring gold as an investment vehicle. The reasons for this are manifold, but they boil down to one key point: central banks view gold as a safe asset that can help them diversify their portfolios and hedge against inflation. In this article, we will…
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What are the pros and cons of investing in gold?
Gold is a valuable commodity that has been used for centuries as a form of currency and jewelry. It is also a store of value, as it does not corrode or tarnish. Many investors choose to purchase gold for a variety of reasons, including protection against inflation and deflation, diversification of their assets, and preservation…
Why do people invest in gold?
Gold is a valuable investment option because it maintains its value over time. Unlike other forms of investment, such as stocks or bonds, gold does not lose value. Many investors choose to invest in gold because it is a safe way to protect their assets from inflation and economic downturns. Owning gold also allows…
What Are The Pros And Cons of Investing in Silver?
There are pros and cons to investing in silver, so it’s important to understand what they are before making a decision. Here are the pros and cons of investing in silver: The Pros of Investing in Silver Silver is one of the oldest forms of currency in the world. It is a unique metal with…
Canada Rated as ‘Most Cashless Country’ in the World
With China acting as the guinea pig for the world regarding a Central Bank Digital Currency (CBDC) and a social credit score system – the public is getting a sneak peek into how a country would look once their financial system goes fully digital. When looking at how countries are operating using a CBDC version…