Is gold or bitcoin a safe haven? Inflation is a funny subject because no one really talks or cares about chronic high-ish inflation below the threshold of runaway inflation; it is hyperinflation that is the bogeyperson. It does not take double or triple figure inflation to cut money’s value in half within a decade. This has put gold in the shade because bitcoin diverted a whole generation and further cohorts of natural gold haven investors away from its nexus of “gold bug”-ery and into the wild world of crypto. Faced with a crash, haven asset investors have and will flee bitcoin and they will naturally go to gold.

Source: Forbes May 24, 2021 15:33 UTC