Gold in Times of Boom and Bust
By GCRU Gold News on Tuesday, March 6 2018, 00:40 - Permalink
In case of emergency, when the boom turns into bust, gold protects the investor against currency debasement and payment defaults. It also entails the chance of an increase in price in times of financial market stress, which would allow the investor to exchange highly priced gold against attractive assets (such as stocks of great companies) that trade at suppressed prices, thereby helping to enhance the investor’s portfolio return.