Did you know that in times of sharp inflation increases, many investors often turn to gold? In the 2008-2012 recession, investors poured their money into gold and its value increased, and now it is looking like history may repeat itself.
In 2022, inflation rose 9.1%, the fastest pace the United States has experienced since 1981. As inflation increases, the value of the dollar decreases and can decrease even more so due to overprinting of paper money. Gold does not depreciate in value the same way, which is part of the reason why investors have been turning to it in times of economic strife.
Gold also holds 0% counterparty risk, and is one of the few investments that can have a higher return on investment than even the stock market! If we experience the same increase in value during this recession as we have in the past, gold will continue to reign supreme over all other investments.
Learn more about the value of gold during times of recession in the infographic below:
Infographic Source: https://www.usgoldbureau.com/gold-still-supreme-during-inflation