Global Economy and the impact of Digital Gold.

in gold •  4 years ago 

Gold is a mineral of vital importance for the development of any country, taking into account that after the Second World War gold was of greater relevance in some countries because it represents a safe haven, with respect to the world economy, it is based on the hegemony of the dollar, that is, a country like the US, its local currency is the dollar and therefore factors such as inflation and debt are not observable and go unnoticed, but if it exists, thanks to the world domination of the dollar, some countries are affected Due to their foreign debt and how the US has financed them, they receive interest from time to time, especially from third world countries.
The US economy according to the FED is backed by gold bars that give it liquidity and confidence, lately this may have changed, as the latest reports from the FED indicate that negative interest rates have increased, this gives way to investments based in Bitcoin, stablecoins, and the Digital Gold Token it is imperative and essential that they remain in the portfolio of speculative investors and the common citizen so that they are protected.
In a published article called: FED changes push the dollar up and Bitcoin and gold down, they dictate that interest rates still remain unchanged, this due to the effect of Covid-19, they also state that:
"The Fed expects the new policy to force inflation closer to the 2% target."
Source: https://es.beincrypto.com/cambios-fed-empujan-dolar-hacia-arriba-bitcoin-btc-oro-hacia-abajo/
This is a clear way that it is exposed that the FED has a controlled domain so far thanks to the existing fundamentals, everything is a matter of waiting to see how the entire world economic system continues to develop, gold and Digital Gold, which you can find at: https://gold.storage/ they can represent being protagonists now that everything is in ideal conditions for it, once all the fundamental Covid-19 has been resolved.

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The case of stablecoins give some stability but none is the exact copy of the fiat currency, that is, digital dollar, digital euro, digital franc, among others, there is not the closest case is about to leave from china , the current movement about gold is very strong, many investors are buying gold, if they knew of the Digital Gold project whose tokens are backed under real physical gold whose bars are protected in a security vault in Singapore which is audited every moment because It has blockchain technology under the development of the ERC20 algorithm.
With Digital Gold we can have clarity regarding investment, many do not recommend trading in Gold because it is a very safe and stable action, since the movements are mostly bullish and are usually quite slow, despite the fact that the project can look for it at: https://gold.storage/ has crypto technology is very malleable in terms of buying and selling, it can be done at any time regardless of the day, whether it is a holiday or not, the crypto market never rests.

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