Gold has played a very important role in the history of mankind, and since it was the start of a crisis, has been a favorite product for investors. It is for this reason that it has was glued to it looking for an active retreat, that is to say, an asset in which to invest, and flee from the volatility and risk in times of financial crisis. Now, the gold is also an instrument highly liquid which provides an important level of stability to a portfolio of assets of a central bank, because usually their price has a low correlation with the prices of other assets, being a good mechanism for a central bank to diversify its risk. Among the main advantages of gold as an investment instrument for a portfolio that stands out that has proven to maintain its value over time, so that is a good way to preserve a heritage staff. Let us remember that when the dollar depreciates relative to other currencies, gold tends to go up in value.
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The gold reaching its maximum in six years
We emphasize that the asian markets have fallen, bringing the value of gold to a maximum of six years because the investors are seeking a safe haven for their assets after the us president, Donald Trump, gave to understand that he was willing to an escalation of the trade war with China. The price of gold close to the 1550 dollars per ounce on the morning of this Monday, the highest price for the precious metal since April 2013, and that represents a jump of 20% in what it goes of year, in the middle of a descent of titles, bonds and commodities. Among other precious metals, silver advanced 1.6% to 17,67 usd, platinum rose 0.3% to 856 usd per ounce and palladium gained 1.3% to 1.478,7 dollars. Experts consider that fears of a global recession also had an influence on the appreciation of gold, as a reserve this is because gold is considered a safe haven in times of uncertainty, and the metal continues its rise to the possibility of postures more battle-hardened in the war commercial.
Bitcoin as a digital asset of refuge
Bitcoin is the first asset 100% digital which is finite, immutable, of which we have mathematical certainty about how many are going to be and when. But there are some of the more interesting points yet: that is open and free. These features turn it into an asset by which to gain access, a person should not ask anyone’s permission. Another issue to keep in mind is that the Bitcoin as a digital asset is descorrelacionado of any other type of asset. This makes it easy to diversify the risk in an investment portfolio, allowing you to make a profit when the rest of the assets fall. Like gold, Bitcoin can serve as a refuge for being an asset not a sovereign, and in this time has a quality that makes it superior to gold and is that it is a digital asset that can be accessed from any part of the world. Finally, and given that Bitcoin is the union of technology and finance in its purest expression, it is interesting to invest in a piece of innovation that can be bigger than the Internet. Why? Because Bitcoin is the money native Online and it is what they need this technology to finish revolutionize the world. The following two tabs change content below. Venezuelan, student of the last semester of Social Communication. Attracted by the new technologies and the development that they offer to humanity.