Enjoy the Future of “Hidden Gold” in Art Chain
Economist Keynes once commented on the role of gold: “Gold plays an important role in our system. It serves as the last guard and reserve for emergencies, and nothing else can replace it.”
The World Gold Association reported that in 2018, the official gold reserves of global central banks increased by 651.5 tons, an increase of 74% over the same period of last year, setting a record purchase volume of global central banks for nearly half a century. As the world economy tends to reverse, the legal currencies we use will depreciate, even worthless in the event of a major financial crisis. Just like the bankruptcy of the French currencies of Venezuela, Zimbabwe and other countries, it will be terrible to think about the next financial crisis. Maybe all our bank deposits will become waste paper overnight, since ancient times. There is the saying of “flourishing collection, chaotic gold”. The value preservation and increment of gold has been recognized by human beings.
Pacific Fintech Development Foundation (PFD) is a Singapore based Technology Foundation that uses cloud computing, big data, artificial intelligence, and block chains to build more valuable technology solutions for global customers. Our advisory services can help organizations translate knowledge into tactical insights and make smarter and more timely business decisions.