Sentences with phrase «gold as a safe place»

With extreme market volatilities in January and February along with uncertainties generated by Brexit and the upcoming US Federal election, people are fleeing to gold as a safe place to store their money.

Some people think of gold as a safe place to put your money because of its historical value.

Not exact matches

Laurence Fink, CEO of BlackRock Inc., the world's largest investment firm, caused a stir earlier this year when he suggested in a speech that people are opting for contemporary art, Bitcoins and especially apartments from London to Vancouver as a safe store of wealth in the place of gold.

Finally, looser monetary policy implies that the economic situation is not as rosy as many would like to believe, so if the Federal Reserve acts by loosening monetary policy and driving down real interest rates then that sends a message that the economy is in a bad place therefore investors buy gold as a safe haven asset.

There is no safe place to hide, but owning gold and other precious metals such as silver could go a long way toward preserving your wealth.

If any volatility comes to the world markets now or in the future, gold is the best place to be as a safe haven.