With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
I think people use a lot of money to buy gold to preserve their money. It is not a new trend. When the economy stabilizes, they will definitely invest in crypto and the stock market. Do not worry, everything will be fine.
isn't gold a stable investment since time immemorial? and trust in gold is maintained. I think they will return to crypto if their trust returns. especially if the whales buy in large quantities, so that fomo will occur