Coronavirus made its own adjustments to the life of every person. People around the world are changing their work schedules, running online businesses and switching to distance learning. Changes affect not only the private life of a person, but also the most important element of life: money.
When the previous sources of income are put on hold until better times, people are running out of savings, and here comes that rainy day.
Empty wallets
According to statistics, 60% of Russian citizens do not have any savings. Those who managed to save a little will be able to survive an average of several months.
In March, every fifth company in the Russian Federation announced its intention to reduce employee wages due to a pandemic. Bank of America predicts a record unemployment rate among Americans. Every month, about a million residents of the country lose the opportunity to earn a living. The UN warns that more than 1.5 billion people in the world may be left without any means of support.
Revenues are constantly falling; people seek every opportunity to save money.
To support healthcare, people and business, the EU countries will need about $350 billion to eliminate the impact of a quarantine. Airlines, hotels, restaurants suffer losses, companies and firms go bankrupt.
Experts are unanimous in believing that the effects of the 2020 crisis are way more tangible than those that were caused by the economic recession a decade ago.
Salvation in gold
The main wish of any person now comes down to one thing: not to lose the source of income and save what can be saved. Many are now forced to cut expenses, not knowing what will happen tomorrow. In connection with the pandemic, most people are sitting at home and hence spend less. Yet such an approach does not increase the amount of money, and its safety remains in question.
How well did you take care of your savings? How is your money protected?
Economic experts and financiers say that the most reliable way to avoid losing money is to buy investment gold.
CORONAVIRUS, LIKE ANY OTHER CRISIS,
ONLY CONFIRMS THE HIGH VALUE OF THE YELLOW METAL.
Gold prices skyrocketed, reaching its absolute peak. The profitability of gold bars has been increasing, and their price rises every day. Gold once again proves that it is deservedly considered one of the most profitable and stable assets.
The demand for gold is growing every day. The main thing is to make the right choice and strengthen your personal Financial Security.
The new, high-tech GIG-OS platform will protect you from the crisis and help you to take action to preserve your money.
