The Case for Gold as a Safe Haven
In an era of increasing market volatility, investors are seeking safe-haven assets that can provide a stable store of value. One such asset is gold, which has long been recognized for its ability to preserve wealth during times of economic uncertainty.
Gold prices surge to new heights
The Rise of Gold Prices
Gold prices have been on the rise in recent months, with the metal reaching new heights in October 2022.
“This is why they [bitcoin promoters] called it mining. There’s no mining involved. This is a computer operation, pure and simple,” he said. “But they called it mining because they wanted to seem like gold — maybe take some of the aura away from the gold.” Yet, he acknowledges it is unclear how high the yellow metal can actually go. “I have no idea what’s going to happen over the next 20 years except it’s going to be a fun ride,” Milling-Stanley said. “I think that gold is going to do well.”