To protect generational riches, the European aristocracy,
the Middle Eastern oil barons, the ultra-rich,
and even central banks,
all save in gold.
They grasp the underlying idea of
gold as a generational and long-term store of wealth.
They save in gold without considering
the return in terms of money.
They are aware that gold is
a type of money that
cannot be printed or
manipulated by central bankers
and is not an investment.
Given the fragility of the global financial and monetary institutions, saving in gold is the best way to protect yourself from a systemic collapse.
The only way to survive in the unavoidable shift that will come after such a collapse is to hold gold as wealth.
Since gold builds wealth over time, as prudent savers are aware, you don't need to worry too much about the 'gold price' as expressed in fiat currencies.
Gold is the safest form of liquid money, so if you don't want to take on the significant risk that comes with trying to make money on the currency markets, you should save in genuine gold.
Maintaining liquidity is equivalent to keeping your money in gold.
You will still have your gold when fiat currencies collapse.
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I am not a financial adviser. This article is not meant to be financial advice. My articles on cryptos and precious metals share my personal opinion, experiences, and general information on cryptos and precious metals.
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