Robin Holdings
April 29th, 2022
To understand more clearly the title of this “post” we must take into account different factors; for example: the instability of human behavior; high levels of inflation; rising unemployment; the rich man’s syndrome (based on increases in personal debt with private banks); and, the poor quality of the information disclosed by the traditional and alternative media – social networks.
This economic crisis and the means of production is not like any other, given that the factors listed above will not disappear and; consequently, the best refuge for future investments is in raw materials, currencies and digital currencies. We have previously talked about the world of cryptocurrencies; however, in the following lines we will focus on examining raw materials and currencies.
Commodities are a stable and profitable haven when there is an upward trend in their price. These are a great option, and whatever you choose, you’ll have great results. Raw materials such as Gold, Silver and Palladium can be purchased in different units: ounces, coins or ingots and store them in warehouses of private banks or individuals.
The purchase of currencies has entered our portfolio of refuge products given the financial war that exists between Russia, China and the countries of the West. This financial offensive will result in the strengthening of the value of currencies such as the yuan and the ruble and the decrease in the purchasing power of the US dollar. Countries such as the United Arab Emirates, Peru, Brazil, Russia and China have taken advantage of the ineffectiveness of stocks to stabilize the purchasing power of the US dollar and have promoted strategies to boost the purchasing power of their currencies. In this scenario, emerging currencies have gained ground in recent months; therefore, the G-10 currencies that are attractive for purchase are: the euro, the Norwegian krone and the Australian dollar.
