> People buy precious metals when they might be worried about the value of fiat currencies
It’s not just people. Central banks are buying precious metals due to the dollar and new Basel rules. Gold needs to be allocated if you want it to be considered a tier 1 asset.
It’s not just people. Central banks are buying precious metals due to the dollar and new Basel rules. Gold needs to be allocated if you want it to be considered a tier 1 asset.