EFFECT OF THE GLOBAL PANDEMIC ON GOLD AND OTHER INVESTMENT ASSETS

The corona virus may yet become the greatest threat to the global economy. Since the pandemic major countries exports has been hit, global supply chain destroyed, tourism crashed, retail shops lock down, oil price drastically fell, global stock declined, and crash in price of cryptocurrency. This global pandemic is expected to hurt the global economy more than the SARS virus that also originated in China in 2002 because the economy of several countries have grown larger since then.
This all round decline can be traced to the global economic lock down as major companies are out of product components and are forced to halt production.

In this state of uncertainty, investors are unsure where to invest their money. Various investment assets such as stock, silver crude oil, crytocurrencies, etc due to their volatility doesn't seem like the best option for investment, but GOLD on the other hand appears to keep flourishing even amidst this global economic crisis.
Gold is often viewed as a safe haven that will protect you from inflation, market crashes, anarchy and even total failure of fiat currencies.
In times of economic decline and crises such as this coronal outbreak periods, one of the best way to store your money and its worth is to invest in Gold. Thus protecting asset againt chaos. Thus, gold has been proven as a store of value and long-term inflation hedge over thousands of years.

--> EFFECT OF THE GLOBAL PANDEMIC ON VARIOUS INVESTMENT ASSETS
Investment assets are tangible or intangible items obtained for producing additional income or held for speculation in anticipation of a future increase in value.
Thus they include

• STOCK:
  The stock market has responded to the COVID-19 pandemic with worrying volatility, as traders have panic-sold out of fear.The coronavirus has created such uncertainty around the world that two of the largest single day drops in the Dow Jones Industrial Average have been from March of 2020.
  Even recently Global stock market Continue to sink despite central banks around the world announcing a co-ordinated effort to ease the effects of the coronavirus.

• OIL:
  Oil popularly known as black gold may not living up to it's name at this period of economic crisis due to it's drastic fall recently experienced.
  With the lock down has come a mighty decrease in the demand for crude oil and still being produced with no place to store them. The US price of oil due for delivery by May has fallen drastically to about -$38, although recovered to $0, which is really not encouraging. Analysts warns that it might even get worst during the course of the year.

• CRYPTOCURRENCY:
  The most recent fall of Bitcoin was as seen as result of the outbreak of coronavirus. During this period bitcoin experienced a major decline in one day where the price fell from $7600 to $5300 in a day. And further moves down to $4,000 in a moment along with the United States Stock market. This price fluctuation in price is the major reason investors do not see cryptocurrencies as a safe haven anymore. Bitcoin has only existed for 10 years while other assets such as Gold has been existing for about 5000 years hence, its a bit too early to consider bitcoin as a safe haven.

• GOLD
  It appears gold isn't affected by the declines being experienced by other digital and physical assets. Gold is often sighted as having negative correlation with stocks and a positive correlation with inflation, thus serving as execlent diversifying asset to hold in portfolios.
  The price of Gold seems to be doing well hitting $1700 and may even experience a further increase. This is due to the highly unmet demands of investors.
  Due to this global pandemic, major gold refineries including today's largest refinery have announced a one month closure, leading swizz refineries are all closed as well as major Gold mints. This result to a major supply issue and on the other hand, investors who are willing to buy gold are left with unmet demands. Since major online gold sales websites are out of stock and inter-bank market is unable to supply these investors, demand to supply link is broken. Therefore the Increasing unmet gold demands of investors result to the increase in price of Gold despite the global economic crisis.

GOLD SUPPLY CHAIN
Gold typically has a short supply chain compared to other manufacturing components and it's value is being created at the early stage of the chain in contrast to other manufacturing component with a longer supply chain whose value are added at the later end of the chain. Due to the COVID-19, product of long supply chains due to more links on the supply chain has greater chances of potential problem in bringing the product and services to the market. Because its value is being created earlier in the supply chain, gold tend to deliver it's profits, revenue and even dividend to investors.

In response to the closure of various gold mints and refinaries as well as unmet demands of Gold Investors, an easy and trustworthy way to buy physical gold is DIGITAL GOLD PLATFORM. The platform allows for the easy purchase of Gold via the digital Gold token at user's convenience.

THE DIGITAL GOLD COIN PLATFORM
The major aim of the Digital Gold project is to is to tokenize and digitize physical gold asset exploring the amazing features of the blockchain technology. Thus, allowing people to easily purchase physical gold with the digital Gold token.
The Digital Gold platform give clients the opportunity to diversify their portfolios in a safe state since cryptocurrency price is volatile in the market. This will promote trust and limit the rate of fear and risk of clients loosing their investment.
It is also important to note that purchasing of physical gold with Gold token attract no transfer fees. Unlimited transactions are made without any form of restriction.

THE DIGITAL GOLD TOKEN is based on Ethereum network and is compatible with the most popular cryptocurrency wallets that support Ethereum ERC20 standard tokens and also backed up by the stable features of physical Gold.
1 Gold Coin is equivalent 1 gram of99.9% pure Gold

DIGITAL GOLD TOKEN MARKET
The Digital Gold Platform creates this marketplace for an easy, effective and efficient purchase of Gold with the Digital Gold Token. To purchase the digital Gold token click on the below link now!
https://www.gold.storage/market

For more information about the The Digital Gold platform check out the below links:

Exchange: https://cryptex.net/trade/GOLDUSD
Website: https://gold.storage/
Facebook: https://facebook.com/golderc20
Twitter: https://twitter.com/gold_erc20/
Telegram: https://t.me/digitalgoldcoin
Medium: https://medium.com/@digitalgoldcoin
Reddit: https://www.reddit.com/r/golderc20/
Whitepapper: https://gold.storage/wp.pdf
ANN: https://bitcointalk.org/index.php?topic=5161544.0
Bounty: https://bitcointalk.org/index.php?topic=5164058.0

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