Investment in Metals or De-Dollarization

Authors

  • Sorin Enache Danubius University of Galati

Abstract

We are going through a period of economic recession, with high inflation, which has reached 14 percentage in some places. Interest in credit is falling amid a high interest rate. The main currencies, namely the US dollar, the euro, the pound sterling and the Swiss franc devalue in turn. Under these conditions, the orientation towards production and goods represents a viable alternative. But not to any kind of goods, but to precious metals: gold, silver, platinum, palladium, rhodium, etc. In addition, owning shares in gold, silver and oil mining companies is a safe long-term investment.

References

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Published

2024-08-23

Issue

Section

Abstracts