Investors Gravitate to Gold’s AAA+++ Rating

There is an expression among gold investors which is that “gold is no one else’s liability” meaning that when you hold gold you don’t have to worry about its credit worthiness and you won’t wake up one morning to find that Moody’s, Fitch or S&P have downgraded your assets.

It’s clear from the chart below that more and more investors are starting to realise this and are gravitating to gold because of its AAA+++ rating.

A 3 year weekly chart of gold

 

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