Vladimir Putin's decision to invade Ukraine through Russia shocked investment markets. Stocks, oil, cryptocurrencies and all other investment categories experience huge price swings – so-called price volatility.
Armed conflicts, sanctions imposed on Russia and the growing possibility of radioactive fallout create uncertainty in the markets. Many fund managers and investors are moving their funds from what are perceived as risky investments to more reliable investments.
Many investors are now quickly turning to safe-haven investment options, investments that do well when market fears mount, such as the US dollar and gold.
A similar thing happened in the early months of the COVID pandemic in 2020 when gold and the US dollar hit their highest prices on record.
What are shelters?
Safe havens are investments that maintain or increase in real value or outperform financial markets in times of market uncertainty. Investors seek these safe investments to maintain and, in some cases, increase the value of their investment portfolios during falling markets.
The current state of the world (Russia invading Ukraine, the world experiencing higher inflation and global supply chain strains) points to the opportunity for safe investments to help preserve your hard-earned wealth.
When it comes to safe haven investment options, there are strong contenders. The US dollar is doing well as a reserve currency, but no other safe haven has the proven performance of gold. To date, gold has occupied the throne and has proven to be the main safe haven in the world.
For those who woefully lack a gold bullion vault or access to US dollars, revixFinTech backed by Sabvest and listed on JSE offers an easy and profitable way to invest in both with as little as R500.
How to invest in USD and gold with Revix?
You can easily and safely get exposure to the US dollar through the USD Coin (USDC), a stablecoin and a type of cryptocurrency pegged to the US Dollar on a 1:1 basis. You can always exchange 1 USD coin for 1 . 00 USD, giving It is a stable price.
Invest in USDC
You can effortlessly invest in gold through Paxos Gold (PAXG), a regulated and insured ounce of gold in the United States that is based on a blockchain. PAX Gold is for anyone looking to invest directly in gold without the custody and insurance burdens of physical property. A PAXG token is backed by a beautiful troy ounce of the highest quality gold stored in highly secure and fully insured vaults.
Invest in PAXG
With all Revix investments, including USDC and PAXG, there are no lock-in periods. You can withdraw your funds at any time. Revix's live customer support team can guide you through the registration process to your first deposit and investment. Once set up, most customers manage their own portfolio, but can access support from the Revix team at any time.
How has PAX Gold fared in times of uncertainty?
With markets under threat, how is PAX Gold performing in these unpredictable conditions?
The chart below compares the performance of PAX Gold, Bitcoin, and the S&P 500 since inflation concerns and war uncertainty gripped the market.
PAX Gold has held true to its guarantee as a safe haven asset and is currently outperforming Bitcoin and the S&P 500. If I had invested in PAX Gold earlier this year, it would have risen +3,88% instead of losing: a 9,53% or -17,05% if you had invested in the S&P 500 or Bitcoin, respectively.
When it comes to gold, investors should consider it an essential part of a diversified investment portfolio. It is an effective way to offset losses on more volatile assets in uncertain market conditions. When the value of paper investments (such as stocks and bonds) begins to decline, the price of gold typically rises.
Where can I invest in USDC and PAX Gold?
South African fintech Revix has listed USDC and PAX Gold as investment options in 2020.
Cape Town-based crypto investment platform Revix (www.revix.com) will be the first platform in south africa for Terra Offer (MOON) - The best performing coin of 2021 with yields of over 14,700%.
revix offers 0% entry fee on Terra (LUNA) for one week, starting on February 25 and ending on March 3, 2022.
What else does Revix offer?
Revix also offers three crypto packages that resemble the S&P 500 for cryptocurrencies. Investors gain diversified exposure to top-performing crypto assets with just a few clicks.
The Top 10 package provides equal weighted exposure to the top 10 cryptocurrencies that account for over 85% of the cryptocurrency market.
The payment package provides equal weighted exposure to the top five payment-focused cryptocurrencies, including Bitcoin, XRP, and Litecoin. These cryptocurrencies aim to make payments cheaper, faster and more global and are aimed at those who believe that making payments with cryptocurrencies will be as easy as sending an email.
The smart contract package offers equal weighted exposure to the top five cryptocurrencies built around smart contracts and includes Ether, EOS, and Tron. Smart contract cryptocurrencies are based on the blockchain just like mobile apps are based on Android or iOS. These cryptocurrencies aim to revolutionize the way supply chains and business networks work through smart contracts. This is Revix's best performing package as it has benefited from the explosive growth of the decentralized finance (or DeFi) space in 2021.
About Revix
Revix brings simplicity, trust, and excellent customer service to investment. Its online platform allows anyone to securely hold the world's best investments with just a few clicks.
For more information please visit www.revix.es