Stock market guru "Cathie Wood": "I'm afraid of gold's high price, so I'll move my holdings from gold to Bitcoin, with a target price of $15 million by 2030."
Gold is only speculated on to this level during periods when the monetary system is on the verge of collapse. ① 1970s–80s: Double-digit hyperinflation ② Great Depression: Forced devaluation of the dollar + government confiscation of gold. Buying gold now is like betting on the world's doom.