When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
UBG - Gold Is The Most Stable Currency In The Long Term
UBS AG Jersey ZC SP ETRACS REDEEM 05/04/2038 USD 25 - 902641810
CPM Group recently released a video showing that gold's purchasing power declines over time. According to my analysis, this is false. Gold's purchasing power is markedly stable and outperforms any other currency.
If gold didn't retain its purchasing power, why would long-term investors and central banks store it in their vaults for decades? Hardly is gold used for industrial applications, so, again, why hold large stocks of gold if it would lose its value over time? The truth is that gold retains its value, and the stability of gold's purchasing power in the long term