Philippines Wealth Management Forum 2019 - Exclusive Insights - Joshua Rotbart
J. Rotbart & Co.
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An economy that's expanding on a steady base of six percent a year, but on the other hand we have growing inflation and we have a depreciating currency, which are perfect conditions for investing in gold. Why? Because gold can protect you against depreciation of your local currency and it performs very well in times of inflation. The higher the inflation, the better gold performs, so if you're a Filipino client you're looking to hedge the currency, the local currency, the pesos, gold is your best choice.