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Young people are buying gold

Since the beginning of the crisis in 2008, young people between the age of 25 to 40 are buying gold. On average it is estimated that each young people in western countries own the equivalent of 1.4 bulion coin of physical gold at home. Gold has become a cool item among young people. As we inteviewed one of them in front of a gold selling boutique he says: “Dollar and the Euro currencies represent the generation of  our parents and grand-parents, they have left a huge amount of debt and soon those backwards currencies will vanish, gold coins will give us independence and purchasing power”.

Gold seems to represent a  new hope for young people because it represent a real value which is gradually increased over the last 30 years.  Indeed, this generation of young professionals are betting on the precious metal often because…

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