In an interview with King World News, Dr. Stephen Leeb, one of the top money managers in the world, said that gold is the only real money that is treasured for its beauty. He added that gold has two unique qualities that no other metal possesses. It is both money, something that can be touched and felt, and at the same time, it is sacred with special qualities.
People have treasured gold throughout history for its beauty, and some religious statues are made out of this precious metal. Additionally, Simone Weil, a religious philosopher, believed that gold was unique because of its aesthetic appeal. Despite its value, gold is not akin to paper money that can be printed endlessly, degrading its value.
Nowadays, many people see the significance of holding gold because of its safe-haven attributes in uncertain times. Leeb believes that gold’s price will continue to rise and that investors should convert their money into gold to protect their wealth. Concerns about inflation, geopolitical risks, and a weak dollar are among the factors that are contributing to the upward trend in gold prices.
Alasdair Macleod also discussed the catalyst for the upward trajectory of gold and silver prices in his interview with King World News. He believes that global financial instability, particularly in China and Europe, will play an essential role in boosting the value of gold and silver in the future.
In summary, gold is a treasured metal that holds both monetary and sacred values. Its beauty has captured many admirers throughout history, and today, it remains a sought-after investment option. For those looking to protect their wealth in times of uncertainty, gold provides a reliable option, as evidenced by its upward trend in recent years.