Why Gold Does Not Need to Pay Interest
Gregor Gregersen, the founder of Silver Bullion, addresses the issue of the performance of gold vs inflation. He explains why gold does not need to pay interest. Gold rises and falls in the short term, but gold reliably appreciates over time, whereas inflation incessantly erodes the value of dollars, and interest earned often does not compensate for the loss.
Learn more about how gold compares with Singapore bank savings rate, the 1-year US Treasury bill, and the German 10-year bond.
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