It’s the standard
Surviving every economic crisis in history, gold has proven again and again to be the safest form of investment in the world. Interwoven into cultures and economies, gold is what we desire when times are good and fall back on when times are tough.
A top performing asset class
2020 has been a tough year for investors, but the gold standard has been gold.
In times of crisis, when interest rates are low, when currencies are falling, gold is the safe-haven asset and can deliver strong returns.
People from housewives in India to the biggest central banks and investment funds know that gold can protect against currency declines.
It’s times like these, again and again, they increase their gold holdings.
Safe as houses
Over the last two decades, returns from gold have closely matched the returns from Australia’s booming housing market.
Source: RBA 8 Australian Capitol Cities Index; goldprice.org
Increase your worth
- Unlike paper investments, gold requires no counter party you must trust.
- Unlike cash it holds its buying power.
- Unlike electronic money, it’s a real asset.
- Unlike bank money, its supply is finite.
- And unlike some asset classes, there’s always a buyer when you’re ready to sell.
Gold Rush, great fun. Running around the park trying to bag bars of gold from your buddies and everyone else. Fantastic fun!
I have now known the SendGold team for several years and continue to be impressed with their world class expertise and attention to the critical details of compliance & security in building the SendGold platform. In the midst of all the hype in cryptocurrencies, SendGold have developed a solid, real world product – digital gold.
Once we learned about SendGold, we saw the potential value for our platform users. There’s a lot of cost and friction between the world’s currencies and many of them are unreliable as stores of value. With SendGold we can offer a universal, global store of wealth that is also fully-liquid for instant low-cost P2P exchanges. It’s an excellent fit.