Gold hits new record - Lemmy.World

Isn’t a increase in gold price a signal that dollar reserve status is dwindling? What can I do to protect myself?

Don’t put everything in one asset class. Spread the risk across assets from bonds, efts, term savers, etc.

Also remember that gold is used heavily in computers so it also jumps when part shortages arise.

That doesn’t necessarily help if they are all exposed or in the same currency