Question
I am concerned about the price of gold dropping. Should not gold store its value?
Answer
Although its price can fluctuate in the short term, gold has been valued throughout millennia, thus outperforming many official currencies.
History has shown that different currencies, like the euro and the dollar, have lost their value against gold in the long run. One of the main reasons for this is that such currencies can be created without limit, while gold is essentially uncreatable.
