🌟 Gold Father - Golden Rally of Gold 🌟
Gold at 84000 and silver at 95000 ⚡

• Gold is cash. Its tradable asset. You don’t need conversion if there is a disaster.

• Gold and silver consider as god made currencies whereas Rupee, Dollar and even Bitcoins are man-made currencies.

• In local currency its not easy to outperform gold. Except US and India in other markets gold has outperformed Equity in the long term.

• Uncertain times like wars, tariffs wars or currency wars are the best times to feed gold and other precious metals.

• Real De dollarization in progress. It's not about trade sentiments.
Transactions are labelled in USD as an anchor currency but central banks (particularly in bricks) having strong that is putting their reserve in gold.

* US the largest economy of the world (almost 65% of world GDP) runs.
Budget Deficit - 6% of GDP
Trade Deficit – 3% of GDP
So good years ahead for gold.

• The rise of gold is a multi-decade trend starting : The world is morning to multi polar, de dollarizing them where Gold is being valued by central Banks wanting to reduce their $ exposure.

• Silver is also important due to its industrial use. In next few years silver may outperform gold. In technical term silver has given multiyear breakout.

▶️ Our Take

• Gold is now in bull run so it doesn’t mean it will only go up. It will have corrections 10% to 15%. Corrections possible in gold and silver also. It can take breather after fabulous run of last 3 years (last one year 40% up)

• How to invest in Gold/silver

1. Magic formula is Multi Asset funds – (Combination of Gold/Silver + Indian Equities + G Bonds)

2. If you want to invest purely in gold then Gold ETF’s or Edelweiss Gold and Silver ETF is best. You can do lumpsum as well as SIP.

A blog from Santosh G Akerkar. For Educational and Awareness purposes.
Best Regards,
Santosh Akerkar