Zoho founder Sridhar Vembu has once again made a case for gold as a reliable long-term store of value - a view he has held for more than two decades - while citing macro strategist Lyn Alden's deep-dive study on the historical performance of major asset classes.
"I have long been in the 'gold as insurance against currency debasement' camp, for over 25 years now," Vembu wrote in a post. "Over the long term, gold has held its purchasing power in terms of commodities like petroleum, and gold has held its own against broad stock market indexes. No, I am not interested in crypto."
Vembu's comments come at a time when gold is witnessing a powerful rally. Prices crossed $4,000 an ounce this week, and then climbed even higher after U.S. President Donald Trump imposed 100% tariffs on Chinese go