In recent decades, the currency shrinkage caused by inflation is very serious. When it shrinks to a certain extent, money is like waste paper. At this time, people are in panic, and any political turmoil will cause people to snap up all kinds of treasures to protect themselves. For example, in some countries in South America at that time, when people got paid, the first thing to do was to go to the store to buy all kinds of treasures and daily necessities. Large denomination paper money can't even afford an egg, which is a true portrayal of that era. Gold will rise with inflation. Therefore, investing in gold is the best way to avoid being eroded by inflation.
Secondly, it is difficult to have a banker in the gold market.
The stock market in any region may be manipulated artificially. But this will not happen in the gold market. The gold market is basically a global investment market. In fact, no consortium is strong enough to manipulate the gold market. There are also some market-making behaviors, one market opens, but when other markets start trading, these unreasonably raised prices will still fall back, once again reflecting the actual supply and demand relationship of gold. It is precisely because the gold market is difficult to make a market that it provides great protection for gold investors.
Moreover, there is no time limit for gold investment and it can be traded at any time.
The trading hours of the Hong Kong gold market are from 9: 00 a.m. to 2: 30 a.m. the next day (3: 30 a.m. in winter). Investors can buy and sell Hong Kong gold and local London gold. Hong Kong gold market closed, London reopened, followed by the United States, and gold can be traded 24 hours a day. Investors can make profits and close positions at any time, or they can open positions at any time when the price is right. On the other hand, there is no stop-loss board and stop-loss market in the world open market of gold, which makes the investment in the gold market more secure, and there is no need to worry about not being able to close the position and stop the loss in extraordinary times.
Finally, gold has no credit risk, only price risk. There is not a government in the world that does not save gold. Why? Because I think it is useful. This is why investment in gold all over the world is tax-free, which is also the most important reason for choosing gold investment.