Zoho's Sridhar Vembu does not see gold as an investment. (Photo: Zoho Corporation) Show Quick Read Summary is AI Generated. Newsroom Reviewed
With gold prices showing no signs of slowing down, Zoho Corporation's Co-founder and CEO, Sridhar Vembu, has issued a warning sign for investors, stating that debt levels have gone too high.
Reacting to an op-ed from former IMF First Deputy Managing Director, Gita Gopinath, Vembu added that he doesn't see gold as an investors but rather as insurance.
"Gold is also flashing a big warning signal. I don't think of gold as an investment, I think of it as insurance against systemic financial risk. Ultimately finance is all about trust and when debt levels reach this high, trust breaks down," he posted on X.
Vembu's post comes at a time when gold