popular investment called a gesture of desperation

You won’t be able to earn.

Some Russians save small sums for a rainy day and think how to save them. Sanctions, inflation, and fraudsters do not give confidence in the safety of savings. And then millions of people invest in gold. But in vain.

A depressive tool of despair – this is what an economist called a popular way of investing Alexander Abramov. Gold is unlikely to protect savings, and even more so, one should not expect profit from investments in the ancient metal.

When both the domestic and global economies are growing, gold is bound to fall. Therefore, experts call gold a haven for the collapse of all hopes – the metal does not bring high profitability. If you are afraid of some kind of collapse, then you can try. Or do you need a “airbag”. But gold does not perform the function of a good asset,

– the expert explained in an interview with Utro-Novosti.

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