You are absolutely right; gold is, of course, a hard asset that transcends all fiat currencies. After all, that is precisely why President Roosevelt confiscated all the gold held by American citizens back in the day. While gold performs impressively when it comes to preserving value, it falls short in terms of appreciation potential compared to assets like cryptocurrencies and stocks, which are subject to wild price swings. Of course, the risks associated with cryptocurrencies are also far greater than those of gold.👍🤝🥳
You are absolutely right; gold is, of course, a hard asset that transcends all fiat currencies. After all, that is precisely why President Roosevelt confiscated all the gold held by American citizens back in the day. While gold performs impressively when it comes to preserving value, it falls short in terms of appreciation potential compared to assets like cryptocurrencies and stocks, which are subject to wild price swings. Of course, the risks associated with cryptocurrencies are also far greater than those of gold.👍🤝🥳