Some people call this news a fud.
it is not FUD, it is bullshit. there is a difference.
bitcoin investors don't go for gold, they either already have gold as their other investment for diversification purposes or they don't. what they never do is to sell bitcoin to buy gold instead! not to mention that at this point, everyone is either sucking their greed up and are accumulating bitcoin before the big rise begins or are greedy and are waiting for their dream price to buy bitcoin.
Yeah. I think your opinion is right mate. What I see here is that maybe the situation are reversed investors sold their gold to invest more in Bitcoin. For me Bitcoin is a much better investment compared to gold though Bitcoin has high risk but it can also give us high return which a stable gold is lacking. Gold is hard to hide and hoard as it is not that safe to keep some unlike Bitcoin which we only need private keys.