Sentences with phrase «reliable store of value»

To prevent this from happening again, the customer converted his cash into gold and silver, which he sees as a more reliable store of value.

This all confirms that gold, today more than ever, is the most reliable store of value, especially in contrast to the paper money system.

I would highly urge investors to ensure a portion of their portfolio is in a historically reliable store of value — investment - grade municipal bonds, for instance, and gold bullion and gold mining stocks.

Furthermore, Russia's currency is a far less reliable store of value than the «Western» currencies — partly because of Russia's 70 year long bankruptcy under Communism, partly because of Russia's multi-year long bankruptcy emerging from Communism, partly because its dedication to rule - of - law is much younger than the West's, partly because its financial firms are much smaller and younger than the West's.

After all, even gold — arguably the world's most reliable store of value with more than 4,000 years of history of being such — is still struggling to breach the $ 1,300 mark, even in the wake of increasing global political and financial uncertainty.

By contrast, the supply of gold is limited by the high cost of mining, so gold bugs consider it a more reliable store of value.

Gold has proved to be a reliable store of value over the long term as dollars have lost purchasing power.

That said, gold has proven itself as a reliable store of value for millennia; its universal appeal means that it can be converted to cash anywhere in the world; and its value is not limited by the border of any one jurisdiction.

In this light, Garzik framed metronome as seeking to offer a utility to those who want a more reliable store of value and foundation for distributed applications.

It should be no surprise to bitcoin users that ever since bitcoin became a reliable store of value, malicious hackers would want to target bitcoin wallets in attempts to steal funds.

If users can be clear on the underlying asset then gold - backed cryptocurrency can be a reliable store of value.