Now a century of information technologies, gold maybe it is necessary for younger generation, but to reasonable younger generation - no. Why? Yes because it is just metal, a thing, not absolutely favorable subject of investments in comparison with those innovations where it is possible to invest. For example the same cryptocurrency can rise in a year several times, and gold? Let's look at the price chart for 1 gram of gold in rubles.
As we can contemplate if we invested a certain sum in 2013, then the result in 2015 would be twice more. And why such investment? It is unprofitable in comparison, besides, with cryptocurrency.
And on graphics we still can see that volatility of gold extremely small. And it is possible to sell it at any time, having lost not enough money from an investment. Also we see that for 2 years the rate of gold hasn't risen, and not bad I have so fallen. And all those who say: "Invest in gold" often we aren't right. Gold as a subject of investments - is obviously unprofitable at present. And still his use - sale in jewelry stores and so on. Demand for gold promptly decreases.
No, well it is serious. Gold becomes unprofitable to buy. A jewelry loses demand too. Gold in several decades completely will depreciate...
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