Gold's market capitalization has surpassed $20 trillion and is more than 10 times the market capitalization of bitcoin, so expecting the price of gold to double from now on is delusional. But the scenario of gold losing 50% of its value in a few months is also an illusion. That is impossible and has never happened in the past. This could happen with bitcoin but not with gold because gold is a safe haven, not a speculative asset like bitcoin.
https://x.com/Investywise/status/1908047109967822943
Agree, 2013-2015 are the bad years for gold, but the price didn't lose more than 50% in a year. Gold has lower volatility because it has been exist since a long time ago, hence it's hard to pump the price and hard to dump the price too.https://x.com/Investywise/status/1908047109967822943
Look how crazy Bitcoin return, it rise and down more than 50% in every year. But, as time goes, I believe the volatility of Bitcoin would be less, just like gold.
https://www.statmuse.com/money/ask/bitcoin-yearly-returns-last-10-years