“Cash also has a certain level of risk,” said Simon Popple, reviewer for the Brookville Capital Intelligence Report. "Investors should shift some of the cash into gold to offset currency devaluation." We now live in a world in which the national debt of many countries has reached record levels. Therefore, there is a high risk of devaluation of national currencies in the medium and long term.
“The entire debt burden in the world poses a very high risk to the growth of the world economy. It is highly probable that stagflation will begin - this is a combination of weak economic growth with a simultaneous rise in inflation, ”the expert voiced this opinion. "In the current situation, investing in gold can bring a higher return than keeping cash in a bank account."
According to the analyst, the share of gold in the investment portfolio should be 20%, then this would be a reasonable decision. "The more Central Banks print unsecured money, the more the world gold price will rise in the future."