Why Gold?
Gold had proven itself throughout human history as a trusted medium for store of value. It is also being used as medium of exchange in trades.
6 Reasons Why Gold?
1. Precious metal & limited natural resources
Gold is one of known precious metal and is limited in supply as we know it.
2. Used as money for exchange & represent wealth
Gold can be used as a medium of exchange in human trades. It represents certain value throughout time.
3. Portfolio diversification with negative correlation to stocks & other financial instruments
Gold can be a good tool to diversify our investment portfolio. An option to not put all eggs into one basket.
4. Hedge against inflation & fiat currency
Gold had proven itself to be a good hedge against inflation and fiat currency in recent years.
5. Store of value & it doesn’t corrode
As it doesn’t corrode physically, gold had been a medium to store value throughout human history.
6. Tax free advantage
Under certain circumstances, growth of investment in gold is considered Capital Gains Tax with the benefit of not having to pay tax. Kindly consult your respective financial and legal professionals in your jurisdiction area for further info.