Sentences with phrase «ultimate safe haven for investors»
This trend has seen money pour into Switzerland, for centuries the ultimate safe haven for investors, pushing up the Swiss franc and hurting the Swiss economy.
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It was this capacity for holding its purchasing power and moving in the opposite direction of other asset classes that long made gold the ultimate safe haven, something investors going back five centuries to Jakob Fugger the Rich have recommended one hold in one's portfolio.
For years, individuals and investors that were concerned with debt, deficits and a weak dollar turned to gold as the ultimate safe haven, but now bitcoin is starting to become the alternative currency.
The ultimate safe haven trade for investors has been gold, however, Bitcoin also stands tall in that basket.