Investors are reconsidering the idea of buying commodities as a safe heaven. This idea was raised ever since crypto and NFTs started emerging. Gold is historically and forever will be a sign of wealth used by governments and High Networth individuals to standout when the economy goes south.
Yet the power of big +100B dollar companies are driving the wheel of the economy as consumer spending increased due to 2 factors; Increase in population & increase in desires. Quote “those who are driven by desires will end up in poverty”, and that’s what the economic downturns have proven. Financially Fragile individuals always pays the price in our capitalist system.
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