Why Gold will Remain a Darling Bet?

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We have been supportive of buying gold in any kind of the market crashes and our optimism stems from the following facts as enumerated below:
  • Central banks across the world are buying gold.
  • Columbia and South Africa are hoarding gold like anything as their gold reserves has hit a 50 year high.
  • Indian importing banks for gold are out of stock after a sudden rush to buy gold after crash and their import will further support the prices.
  • High inflationary environment sees people losing faith in paper currency and going for safe heaven like gold.
Thus it makes sense to buy gold and keep it as a portion of your portfolio. Check our daily free gold tip here.

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