Cash is King Now, Not Gold

Although gold has always been seen as a safe haven during times of market turbulence

investors are currently moving away from the metal of Midas in favour of a somewhat different option: cold, hard cash.

Following news that the Federal Reserve would increase interest rates once more.

This time by 100 basis points, gold prices fell 2.2% on Wednesday.

The fact that investors are turning away from gold in favour of cash in response to the announcement of this probable interest rate hike

Consider with a financial counsellor if you're thinking about converting any of your assets to cash or if you just need assistance surviving a challenging economic period.


Follow us on

Wealth Baba


How To Lock In $75,000 Worth of 9.62% Treasury I Bonds