This should be an easy to follow as broad picture of sentiment/fundamental of gold. We always use this as gauge in gold trading. Gold Trading Gauge, The ‘Why’ Insight: The other way to keep your money is to put it in a savings account or into bonds that aren’t very risky and will pay you interest. People who invest …
What is “Fiat” money? An artificially created unit of currency, fiat money is recognized as legal tender by the government despite its lack of intrinsic worth. Fiat money, on the other hand, is backed by the creditworthiness of the government that issues it, rather than actual commodities like silver or gold. As a substitute for commodity money and representational money, …
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