– Invest in gold as a hedge, in a pension and as a store of value – Ken Rogoff – Investing in and owning gold will become more important as it will have “enormous value” in a cashless society – Bitcoin and cryptocurrencies are not an effective replacement for paper money … but gold’s role is likely to increase as cash is used less – “There is an incredible disconnect between the fact that cash is disappearing in legal, tax-compliant transactions but exploding in terms of how much central banks are printing” says Rogoff – It makes sense for investors, HNW individuals, pension funds and central banks to “hold a small percentage of their assets in gold” – “Gold is also likely to increase in value” as central bank and global demand increases and “the trend towards digital currencies” will benefit gold – “As a hedge, gold has enormous value…” Rogoff concludes Access ‘Gold is a safe haven asset’ here https://info.goldcore.com/gold-is-a-safe-haven-asset |
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