Have you ever wondered why rich people consider the gold to be an ideal investment?
Is there any reason why they seek ways to preserve their savings and increase the capital base without suffering an appreciable loss? The answer is obvious: money is their source of wealth, a possession that is highly valued.
American millionaire, author of numerous best-selling books Robert Kiyosaki:
"Wealth is the amount of time you could survive if you stopped working, maintaining an appropriate living standard for themselves."
Nobody wants to lose time and money. So, how can one be protected from inflation, crisis, aggression and the crash of financial markets? Is it even possible? How do millionaires manage it?
Nathaniel Charles Jacob Rothschild, 4th Baron Rothschild, the head of RIT Capital Partners.
The net asset value of the company increased from £280,5 million up to £2,44 billion in 20 years. In the year 2016, RIT expanded investment in gold up to 8% of total assets. Company's profit went up, amounting to £64 million within half a year. Baron Rothschild makes no secret of the fact that he originally drew his attention to gold. From the perspective of the Rothschild dynasty, this precious metal has an eternal value.
The fund of George Soros "Soros Fund Management" has increased its gold assets. The fortune of Soros was amounted to $24,9 billion in 2016. It’s capital rose up to $25,2 billion last year. The Soros Foundation has invested $264 million in shares of the gold’s market top-performing Canadian company Barrick Gold.
The founder of the world’s largest gold-mining company Barrick Gold Peter Munk earned millions on the precious yellow metal. Munk has now retired from day-to-day management, yet he still remains the founder, the Honorary President and the member of the World Gold Council. "Barrick Gold is my heritage," says Munk about his gold-mining venture. Earned profit permits Munk to carry out charitable contributions: more than $100 million in donations to medical and educational centers.
The share price of Barrick Gold increased by two and a half times. At the beginning of 2017, profits of the gold-mining company tripled.
For example, let’s take one of the most valuable gold deposits — Turquoise Ridge in the United States.
211,000 ounces of gold were mined in 2017. As of December 31, 2017, Barrick's share of proven and probable mineral reserves was 5.9 million ounces of gold (11.87 million tonnes.)
Stanley Druckenmiller — financier whose portfolio includes tens of billions of dollars. His fund has acquired over 3 million shares of the GLD stock investment fund. Shares of this fund are 100% backed by gold. More than 700 tonnes of gold are held in the largest private repository. The precious metal makes up over 20% of Druckenmiller’s total assets.
Gold provides a solid financial position, allowing to lead the desired lifestyle, help others and demonstrate talents.
The price of gold on global markets has increased by 7 times since 2001. Investment demand for gold rose by 18% in a year.
Doesn't this line chart dispel all your doubts regarding the effectiveness of gold investments? Surely, it does.
The secret of gold is simple: precious metal investments do not depreciate in value and won’t ever disappear.
That’s the main reason why many of the richest people of the world prefer the precious yellow metal as a universal investment tool for their future. The value of gold is increasing day by day.
As you can see, gold prices have been increasing over time. Money, as a currency, decline in value, while the precious yellow metal retains its stability. This is well illustrated in the line chart, provided by the World Gold Council (WGC).
Gold — is an eternal metal that retains its original value at all times.
According to WGC data, there are nearly 190,000 tonnes of gold globally, worth more than $7.6 trillion.
The amount of gold on our planet is limited in quantity!
Demand for gold persists and is constantly growing!
Illustrated above: the pie chart shows the growth in gold demand over the past 10 years.
All that is happening in the financial market contributes to the gradual increase in gold prices. When the stock market crashes, gold prices "skyrocket!" Due to geopolitical issues, more companies are seeking ways to enhance their financial portfolio with gold. The largest countries of the world are increasing gold reserves. Banks purchase the precious metal and actively replenish its stocks. For many years, experts have been predicting the rise in gold prices. No matter what happens next: revolution or war, crises or financial collapses — gold remains the safe harbor for asset protection and its further accumulation.
Gold is a financial refuge and a salvation for everyone.
Gold - is your Financial Security!
* Source: Источник: https://www.gold.org/research/relevance-of-gold-as-a-strategic-asset#package