In an unstable economy, it is important to know how to protect your money.
Russian economist Mikhail Khazin stated that in such times the dollar and gold always rise in price.
He says that in the conditions of the global crisis, the value of these assets is growing the fastest, writes DEITA.RU.
Gold and dollars allow people to protect their savings from depreciation.
Khazin stated that with the arrival of a new financial cataclysm, the prices of the dollar and gold will rise again.
He believes that a catastrophe in the global economy could happen at any moment.
An expert claims that the US financial market is ready to collapse in the event of a new pandemic or economic shocks.
Khazin recommends choosing gold over the dollar for long-term investments.
Gold is a more reliable way to protect savings than dollars.