CNA Explains: Why is gold a safe haven asset?
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- Опубликовано: 5 сен 2024
- From sticky inflation and high interest rates to bank failures and recession chatters, it has been a rough few years for investors. Many have been seeking shelter in safe haven assets. But why is gold a top choice for them? CNA’s Olivia Marzuki explains.
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Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
interesting! just copied and pasted her full name on my browser, found her site at once, and skimmed through her credentials, very much appreciate it.
usually when the news report about it , u are too late to buy it
NOT REALLY….gold has a long way to go!! It’s is currently less than 50% in value.
u acn all in then
@@John-kv2ec ….I am! Have been buying like crazy when price popped over $2,100….My goal is 60 (1 Troy oz gold coin). My average price is was $1,600 with 20 coins ($32,000). I hope to get all in before it goes NORTH of $2,500. Watch when it reaches $5,000 per Troy ounce!! My balance will be $300,000…. I don’t have too many Silver coins…
It's never too late to buy gold. It's been around for over 5,000 years and has always stood the test of time.
Why look for yield, gold is money. While the fiat is based on debt to sustain it system, which seem falling apart.
Since ancient times, compared to fiat currencies, cryptos, commodities, bonds, treasuries, stocks, goods, properties, land etc, Gold will always have value over time so long as Humans trade, save and keep it for their future generations.
Gold is real money, paper money is just paper. Cbdc is just numbers on the screen.
Recently, Singapore is buying alot. Why?
@deschan2246 There is no vaccine for stupidity.
Why not? Yo mama loves it. 😂
@@jer2911.Lthere is no medicine for ignorance
Nobody trusts fiat currencies backed by debt and money printing anymore.
1000 Agreed 💯😊
Yes Gold was always good ☺️ Long Term investment 😁
It's Safe Heaven 💓 for Sure 😊
Gold is an Excellent Saving Method+ Excellent Hot 🔥 liquid Asset
This is my first time watching CNA Explains and I really enjoy it. As someone from the US, I'm interested in getting diverse news from around the world. I've also watched FirstPost with Palki Sharma and I appreciate her way of explaining things and providing historical context, along with her articulate delivery. However, I have noticed that she tends to have a biased reporting towards India, which is understandable. If CNA Explains can offer a similar perspective on the news like FirstPost, I would definitely welcome it. I do have one suggestion though, I find the CNA announcer to sound rushed and the fast talking is not ideal. It gives off the impression that she isn't interested in explaining things to viewers, as if she's too busy or too important. It would be great if your announcers could learn from Palki, who appears poised and has a calm demeanor that is very inviting to viewers. It feels like having a genuine conversation rather than being sold something by a fast-talking salesperson. Olivia Masiki should pick up Palki's poised mannerisms. Her voice is tense and she sounds like a cold news announcer than a poised teacher like Palki. But I'll subscribe and check you guys out more.
when in US printing fiat money for every 100 day 1 trillion printed as debt and heard from next month 386 billions to sell bonds to support debt then one should wonder this fiat currency debt based system can be sustain?. Hence possibility of reset is mounting hence gold is the final basis for renewal. Therefore gold price is on going on the increase.
How do you test it, weight it, cut it?
Test it on a stone and using Aqua regia, weight it on a scale
@@filipsalamon there are many ways to test which you can look up online but if you are in market for gold just buy it from reputable dealers. it's like anthing else.
People before used gold as a trade without problem with it. You're making it too much of big deal. You're weeping that $ is plummeting and it won't be the global reserve next decade
The US stock market continues to be an amazing long-term investment with some of the best risk-adjusted returns
The US Dollar have to be depreciated to the bottom as much as whenever they printed out the fiat money likes no tomorrow as never before 😢😢😢
NEM STILL undervalued.. or DGP leveraged etf doubles the gold spot increase
gold is store of value during crisis. the problem is once crisis over no one want. hence the issue spending it to buy real asset like real estate
Gold was USD 35 / ounce in 1973. Now it is USD 2400 per ounce
@@BencerCourt123 an apartment in new york was 100k now a million. there is inflation n appreciation. gold is only inflation n not appreciation. i would rather buy real estate any time n crisis some gold
@@user-xb8kz2my7dIf you try convert the amount of gold in ounce to buy property in NYC in 1970 to the amount of gold in 2024, it is probably the same amount of gold.
The fiat currency depreciates significantly while gold holds its value.
@@user-xb8kz2my7d…can you take your NYC property with you when you fly to other countries?? 😂😂😂 gold is portable and tiny! Easily taken with you…
@@CanTho2022 trying taking 100g of gold thru custom without declaration. if u r not jail. post again. if declare not confisicated or barred entry also post again
Yeah. Please abolish the fiat currency in Singapore. Please do it for the sake of talking.
Even New agency like CNA started to talk about BTC and now Gold. Gonna crash hard soon
MD JJ BOO2 🎉🎉🎉🎉🎉🎉🎉
Emas nya dari mana tambang saja tidak punya ?
so nothing really change in the last 5 decades it seems.
There is no sure safe haven, but Gold is one universal world currency! The only better world currency is fuel, food, and medicine!
Prophets Muhamad pbuh had predicted the rise of gold as currency of value...
GOLD = OLD / GOD / GOD'S MONEY!!!
US DOLLAR = MICKEY MOUSE / PLAY MONEY!!!
DEBT = DEATH!!!
gold is god's money, has last for thousands of yrs n will still lasts, appear in bible.....did u see US dollars, stocks, bitcoin mention in bible ?
“My disagreement in this instance in no way diminishes my regard for unionists in these other ways, nor does it take away from my appreciation of their work in the past Jamus Lim
U can buy all you want, but do not store it in USA. 😂
Gold will be useless and americans will not want gold if USD is gone and US banks are all gone because you will not have USD to buy the metal and if you have the metal you can't sell it for USD as theres none.
isn't there something more practically useful to us humans? to me baked beans is more important than gold.
My exact sentiment until I studied the history of gold and what makes it real money. Start by watching "The hidden secrets of money" by Mike Maloney. Learn what real money is...
S'pore is such a safe haven because of the PAP govt which is ranked the most effective in the world. What a remarkable PAP!❤❤
Why are you shaming the CCP
0:17 No, supply of gold is not FINITE. If gold is finite, by that logic, iron is also finite.
LMAO….since when is GOLD infinite? If it is, then it would be easily mined!! 😂😂😂
What's HARMFUL singapore had changed to a multi-nation country (multi-nation-singapore) so even with the saf soldiers AND gold also no use, it's the pap party mistakes and there's no way to u-turn back.
@etc-bt8yv Life is a series of natural and spontaneous changes. Don't resist
them - that only creates sorrow. Let reality be reality. Let things flow naturally forward in whatever way they like. L.Tzu
The use of the word “folksy” by Assoc Prof Lim in Parliament appears to have triggered the enmity of some people linked to NTUC.
I don't have a cock in this fight, but folksy wisdom and folk wisdom are two ver-ree different notions.
Lim, whatever he's a professor of, seems to mean folk wisdom, with cutting irony which will devastate his opponents, natcherly.
Jamus Lim then impressed upon the House that WP’s proposal is based on studies that show that a minimum wage does not lead to an increase in unemployment, and is not based on “folksy wisdom and beliefs of labour union leaders”.
Nope. Too many fakes around. Get silver instead.
LMAO!!! Only Western countries like UK, AMERIKKKA deals with Silver. The entire world deals ONLY GOLD! Silver is useless…try to travel the world before spouting nonsense 😂😂😂
@@CanTho2022not the entire world then😂
You can't "explain" that gold is a safe asset as it says here. That's called an extravagent claim on this planet.
You can speculate that it's an asset -- if you own it free and clear and aren't worried about the interest or capital gains you're losing on the money you paid for it.
Safe?
🤣😂😅🤣
Safer than Bitcoin.
Maybe.
Gold supply is finite??? There are many errors in this report. Please always check your facts.
nothing u can hold is infinite
Reports should be correct, flaws should be removed,khair ghaltiya insano se hi hoti hai,
Assoc Prof Lim however stressed that there are many areas where he respect the views of union leaders, such as their empathetic representation of workers under their charge, their ability to negotiate with business owners, and their hard work in support of workers’ rights.
Dropping from the peak now , be careful .
Wait ...
gold is god's money, has last for thousands of yrs n will still lasts, appear in bible.....did u see US dollars, stocks, bitcoin mention in bible ?
There no mention of those things in the Bible. Bec. Bible is incomplete and fraud word of Man.
God is omnipresent and omnipotent , he knows the past present and in the future to come. These things should have been mentioned in the bible.