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Comment by Imustaskforhelp

21 hours ago

yes I can agree but I also assumed that it wouldn't be volatile and (could be?) used in place of a currency.

Well technically speaking gold rose so much in terms of $ for so long so technically if we were on gold standard, the value of $ would've lost too (and become volatile too)

So I get that part I guess but still I do feel like swiss francs are a more safe haven while not being volatile but looks like switzerland really doesn't want its currency to de-inflate.

It's an interesting thing for sure to find out I guess. I mean long term, gold is definitely hedge against inflation but so do other investment options for the most part.