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Invest In Gold Price As A Hedge In Cashless Society – Ex IMF Rogoff

Executive & Research Director @ GoldCore
February 15, 2019

Invest in gold as a hedge, in pensions & as a store of value – Rogoff
– Investing in and owning gold as a hedge will become more important as it will have “enormous value” in a cashless society

– Bitcoin and cryptocurrencies are not an effective replacement for paper money … but gold’s role is likely to increase as cash is used less and “the trend towards digital currencies” will benefit gold
– “There is an incredible disconnect between the fact that cash is disappearing in legal, tax-compliant transactions but exploding in terms of how much central banks are printing” says Rogoff
– It makes sense for investors, HNW individuals, pension funds and central banks to invest a “percentage of their assets in gold” as a hedge
– “Gold is also likely to increase in value” as central bank and global investment demand increases
– “As a hedge, gold has enormous value…” Rogoff concludes.

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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth. 


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