Yes, I agree.
Gold as a hedge during bad times/crisis has been very well eulogized by all Indians which western pundits have never been able to understand the logic of. We do not have the pleasure of fall back of credit card ‘credits’ or even social security measures like old age pension, etc which western countries have the pleasure and privilege, both. We do not have such things.
And therefore, it makes immense and immeasurable sense to have diversified asset class which becomes a natural hedge during crisis.
One reply on “Gold Vs Nifty”
Yes, I agree.
Gold as a hedge during bad times/crisis has been very well eulogized by all Indians which western pundits have never been able to understand the logic of. We do not have the pleasure of fall back of credit card ‘credits’ or even social security measures like old age pension, etc which western countries have the pleasure and privilege, both. We do not have such things.
And therefore, it makes immense and immeasurable sense to have diversified asset class which becomes a natural hedge during crisis.