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Gold As A Wealth Preserver & A Barometer, Not A Thermometer

admin by admin
February 15, 2023
in News


Gold As A Wealth Preserver & A Barometer, Not A Thermometer | https://www.themorganreport.com

What are the benefits of holding gold versus other assets? “Gold from 1925 to 2020, went from $20.62 per ounce to about $1,900. This is a compounded rate of return of around 4.5%. Over long term, gold preserves wealth. Gold is also a barometer and not a thermometer. You can buy and hold gold and use it as a safe haven. Nothing is more negatively correlated to the S&P 500 or SPX. However, it gold moves with it at times,” says David Morgan.

Watch this video on Gold As A Wealth Preserver & A Barometer, Not A Thermometer, then please share with your friends and family on social media and use the caption: Gold As A Wealth Preserver & A Barometer, Not A Thermometer.

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