Dear Readers,

how many of you'd invest in gold as well?

would there be a competition between gold and crypto for investing in times of global market uncertainty?

for example India imports about 800 tons of gold every year! (there's lot of illegal gold imports in India as it's price is about 15% higher when legally imported).

Thus some 47 - 50 billion usd is used to buy imported gold a year, even though gold doesn't generate anything as it's inert metal, but to be fair, neither does lots of crypto coins!

Imagine even half of that invested in crypto every year instead, that'd be 25 billion usd just from India a year!