This is particularly true in times of turmoil and rapid rand depreciation, which is now down more than 25% relative to the dollar this year.<\/p>\n
Revix<\/strong><\/a>, the fintech backed by JSE listed Sabvest, is offering customers a remarkable April promotion.<\/p>\n Customers who sign-up with the promo-code GOLD<\/strong> and invest as little as R500 or more in their newly listed PAX Gold token before the 26th of April will receive up to 10 days of investing completely free of loss.<\/p>\n That’s up to 10 days of fully-covered investing where the worst you can do is break-even. You\u2019ll keep all your PAX Gold profits and Revix will cover any downside.<\/p>\n Financial markets have experienced the fastest ever crash over the past few weeks. We have seen major indices fall almost 30% and stocks in sectors like oil and travel are down by 80%.<\/p>\n South Africa\u2019s credit ratings have been slashed to junk status and the rand has depreciated by more than 25% relative to the dollar this year.<\/p>\n We are experiencing terrifying daily declines that we haven\u2019t seen since the 1929 stock market crash that preceded the Great Depression.<\/p>\n Portfolio managers, traders and analysts are attempting to predict how the COVID-19 pandemic will impact investment portfolios and one thing that they have in common is an increased appetite for gold, with gold seeing record inflows across the globe.<\/p>\n And the gold run is likely just getting started.<\/p>\n The US Fed, and every other central bank around the world, has expanded their balance sheets and issued unprecedented sums of money. What we\u2019re witnessing is a debasement of global currency values like we\u2019ve never seen before.<\/p>\n When there’s a lot more money in circulation, but largely the same number of valuable items in the world (like property and machinery), each unit of currency becomes less valuable in real terms.<\/p>\n So, one dollar or rand or pound buys you less, which means that you need more money for items that cost less before, and voil\u00e0 \u2013 inflation emerges.<\/p>\n And what is one of the best inflation hedges around? Gold<\/strong>.<\/p>\n Gold is a safe harbour for your wealth in turbulent times and we\u2019re seeing that play out again today.<\/p>\n Revix is an investment platform that allows anyone to create a diversified portfolio or “Bundle”\u200b of assets in just a few clicks. They bring simplicity, trust and great customer service to the digital asset investing space.<\/p>\n Investing is as easy as signing up, choosing an asset, and then watching your portfolio grow.<\/p>\n For more information, head to revix.com<\/strong><\/a><\/p>\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/04\/Pax-Gold-1.jpg\")
<\/a><\/p>\nHow to sign up to Revix
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Why invest in Gold?<\/strong><\/h3>\n
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About Revix<\/strong><\/h3>\n