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NPR/Stacey Vanek Smith/2-3-2023
“2022 was a rough year for investors: Between inflation, falling stock prices, and the crypto crash, it was hard to find a safe haven. All of that economic turmoil had a lot of investors looking at one of the most ancient places to store wealth: gold. For decades, investing in gold has been seen as a very old school investment, for the maverick, perhaps slightly anti-establishment investor.”
USAGOLD note: Yes. Old school, maverick investors seeking to preserve their wealth over the long run…… The same motivation that has been in place ever since we can remember. The major difference, as NPR points out, is the percentage of the wealthy investors worldwide looking to gold which has increased markedly. It is refresing to see the photo of a 20-year old holding a recently purchased one-ounce gold bar.
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