traditionally, gold is a: flight to safety, or a “safe haven” – unlike other commodities (i.e. oil, wheat), the amount (supply) of gold in the world stays constant so, it’s often seen as a reliable store of value hedge against inflation if one us dollar loses its purchasing power due to inflation, the value of the dollar gets eroded
🦧 gold digging late
🦧 gold digging late
🦧 gold digging late
traditionally, gold is a: flight to safety, or a “safe haven” – unlike other commodities (i.e. oil, wheat), the amount (supply) of gold in the world stays constant so, it’s often seen as a reliable store of value hedge against inflation if one us dollar loses its purchasing power due to inflation, the value of the dollar gets eroded