TOP COMMENTS FROM VIDEO BELOW
People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.
This is exactly why the BRICS nations (plus quite a few others) are creating a new currency that will be backed by gold and other commodities. It’s amazing how quietly this is happening. It will be huge when they are ready to use it and start trading using this new currency. I suspect that it will be devastating to the US (and the West in general) and will cause economic chaos.
