The current global situation is challenging, marked by soaring public debt, fluctuations in inflation and deflation, financial crises, and economic systems under stress. Additionally, there have been real estate crises and speculative bubbles in the past, and taxes and tax burdens are at record highs in countries worldwide.
Inflation alone drains citizens’ savings every day in every country in the world, a relatively slow but constant mechanism that systematically erodes the purchasing power of legal tender currencies such as the euro, the dollar and the British pound. An inevitable system that sometimes not even governments are able to cope with or limit.
Unfortunately, massive industrialization and globalization, often resulting in economic and conventional wars, have produced social inequalities and high unemployment over the years.
The future is often uncertain, so anticipation should definitely be the watchword. Looking ahead and diversifying is an obligation at this time in history, for your future and your family’s future.
Gold is scarce. According to official estimates there are still some 40,000 tons that can be easily extracted, and much more that can be extracted with increasing difficulty. The more difficult it is to extract, the more its exchange rate with world currencies will increase, but extraction will not last another 30 to 50 years at the current rate and will eventually come to a halt.
The price of gold is determined solely by supply and demand. From the banking sector is almost twice as high as production, while demand from the various productive sectors is approximately three times higher than world gold production, with the technology sector being the largest consumer of gold in the world today.
The purchasing power of gold remains unchanged over time, regardless of what happens with the current economic system. The reasoning must always be expressed in quantity of gold and not in exchange value, i.e., what I could buy years ago with a specific amount of gold, I can still buy it today and certainly also in the future.
