03/09/2026
There's a reason gold has been called a 'safe-haven' asset for many decades now.
Chatting to Goldmoney's Head of Research Alasdair Macleod recently, we gleaned a deeper insight into what that reason is.
It's not just about an inflation hedge, or about the removal of counterparty risk.
To Alasdair, it's the fact that debt around the world is at unsustainable levels, and fiat currency is suffering for it.
If the dollar, the yen, the pound, are built on promises rather than reality - what can we rely on?
Well, according to him, the real safety is physical gold. And he's not the first to have this thought by a long shot.
Remember J.P. Morgan in 1912? Gold is money. Everything else is credit.
*Opinions expressed are of the individual only. This is not financial advice. Gold can go down as well as up.*