When stock markets plunged around the world, buying bullions will be one of the ways to preserve your wealth.
Do you know that the bullions like gold and silver have a significately increase in the past two year? Bullions investments have not been in the spotlight before the pandemic, However, they are rising enormously during the pandemic till now.
Bullions will surely become one of safe heavens during the volatility of the stock markets. Furthermore, some analysts believe that once pandemic is over, ecomony activities will rebounce in the speed that we cannot imagine. They believe there will be a strong demand on Silver, Platinum and Palladium.
No matter you believe or not, buying bullions is a good way to diversify our investment portfolios. Remember the rule that do not put all your eggs in one basket.
Do you share the same idea with me? Let me know your thought.
I agree mostly. However bullions have also become somewhat volatile as compared to the past. Earlier gold was never supposed to diminish in value.
Would you agree?
Yes, I agree that gold price is volatile now. Even though it is still under USD 2000, it’s difficult to go back to below USD 1400. Personally, I still see strong positive outlook for gold in long term.
Yes I agree. 👍🏻👍🏻
Thanks for your comment here!