More Proof for 21st Century’s Best Performing ‘Currency’
Fiat currencies around the world are taking a beating as 2016 kicks off. The situation is so bad that investors are starting to wonder where they can store their wealth without losing enormous amounts of buying power, and when they survey the currencies of the world, they come up utterly disappointed.
So what is the world’s best performing currency anyway? Well, it turns out that it isn’t actually a ‘currency’ at all.
Sharp investors know where this is going. The ‘currency’ we’re referring to here is gold.
It’s the only vehicle for wealth storage that’s consistently maintained value and preserved investors purchasing power over the past century. And now we have definitive evidence to prove it.
Some simple technical analysis from ZeroHedge explains it all:
Since the beginning of the 21st Century, as people awoke to Y2K that did not end the world, there has been one ‘currency’ that has outperformed all its peers in terms of preserving wealth and maintaining purchasing power…
The barbarous relic…
If gold skeptics needed any more proof to change their minds about the only surefire way to preserve wealth, then this should get them off the fence. And if it doesn’t, they could be in for a rude awakening when the global economic climate continues to deteriorate and they watch their wealth dwindle away.
Smart investors are taking this information as a cue to double down on gold, acknowledging its superior stability and capacity to weather any economic storm.
What do you think? Does this news change your precious metals outlook at all?
Give us your thoughts in the comments.