Digital Gold or how to be rich
Wainwright Economics that gold is an excellent indicator of inflation in other indices and oil. A study of the useful use of this metal as a hedge of extreme events and economic shocks, including inflationary shock. Gold is active, which rises with inflation, it is an excellent choice for use among indexed bonds.
An Oxford Economics analysis from 2011 found it to be a remedy against inflation and deflation.
Other independent studies have confirmed the unique role of gold as a diversifier and main asset in investment fund portfolios, especially in times of heightened investment and systemic risk. A 2012 study by the New Frontier Advisors (NFA) shows that the yellow metal is important to Europeans and euro-dependent investors.
The study of this issue by the World Council to Increase Money Growth by 1% leads to an average increase in the price of gold by 0.9% six months later. If the money supply in the euro zone increases, the value of the precious metal will rise by 0.9% within six months.
Moreover, gold is an excellent indicator of the velocity of money circulation, especially in the USA. The price of an asset predicts an increase in the velocity of money circulation and interprets it as future inflation.
Gold is a good protection against negative events and various risks. According to research by Mercer, the so-called notional value at risk can be significantly reduced by investing as little as 5% in gold. This risk parameter (also called expected loss) determines the degree of deviation in the event of an extreme event.
Gold can serve as a hedge against the depreciation of major fiat currencies, and can also be useful for central banks looking to diversify their foreign exchange reserves.
Historical approach
In addition to scientific research, there are also historical facts and experiences of gold owners - both in recent years and in the past. From the days of Ancient Greece, Ancient Rome, and medieval Europe to Germany in the 1920s and many other countries of the 20th century, gold served as a way to protect people's savings and wealth from devaluation of paper money and inflation. Gold's mobility helped people save money and start a new life in other regions or countries. From Jewish refugees fleeing Nazi Germany to Vietnamese fleeing war.
Here are some of the many times gold has been able to save people's money over the past 100 years: Germany in the 1920s, much of the world during the Great Depression in the 1930s and World War II, China in 1949, the Western world in the 1970s, the USSR in 1990, Argentina in 1989 and 2001, and Zimbabwe in 2008. Since 2007 and the global financial crisis, the Irish and most of the Western countries that own gold have been actively protecting and building up their wealth. Last year, the yellow metal literally saved the people of Cyprus from debt restructuring and deposit confiscation.
Digital Gold is a blockchain-based enterprise
Digital Gold is a blockchain-based enterprise dedicated to empowering digitalization of money markets and related venture capital instruments. He would like to achieve this by giving customers the option to buy inclusion in physical gold using the ERC-20 Ethereum based GOLD token.
Digitizing gold will undoubtedly also expand the overall intrigue of the precious metal that humanity has sought and used for thousands of years. The cross execution between gold and blockchain innovations still complements yet another fruitful use case, demonstrating the potential of blockchain in changing the budget market.
On a simple inspection
It can give a nice bullish move up to $ 1941.00 as it did on September 1, 2015, in which case it's a great option to go to: https://gold.storage/es/home and buy what - never have Digital Gold and support it, as in our time when there is a fundamental factor, where the best investments are made in gold, many investors believe in blockchain technology, and having a backup in physical gold is the best option have a great value hideaway.
A resource for the future vision
as well as improving the use of blockchain. Consequently, individuals will have the option to buy physical gold using a virtual gold token. By using the Digital Gold stage, customers can take advantage of these and other benefits without much strain; Buying physical gold with a gold token is free.
Customers can make countless exchanges without restrictions. The main costs that are paid for the execution of any transaction are the exchange fees on the Ethereum blockchain, such as gas fees. The digital gold stage allows clients to develop their portfolios for secured crypto money as the market as a whole is truly volatile. It is also a great opportunity to get real gold.
Conclusion
Numerous studies show that gold reduces overall risk and increases profitability. This asset is unique as it does not have a statistically significant correlation with economic data. It smooths out fluctuations in the portfolio, especially during periods of high volatility.
Gold is not exposed to liquidity or credit risk and its market risk is negligible. Unlike stocks, bonds and currencies, it is not bound by any obligation and cannot go bankrupt or fall to zero. Based on this, portfolio diversification using this metal is justified.
The lack of counterparty risk in owning physical gold is one of the unique features that make it the optimal way to insure your portfolio. According to empirical evidence from scientific and independent research, price movements over history show that gold is a safe haven asset in the medium and long term.
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