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.
people will still choose bitcoin even at the times likes this, gold seems to be harder to earn or mine unlike bitcoin, you can earn it right here or anywhere that adopts cryptocurrency. It will be just a matter of time before bitcoin takes over everything.
I don't think it is like that, gold has more users than in the past, and many believe it. gold is a consistent type of investment, so it's not surprising that many like it. but that does not mean investors return to gold