Gold will be going up more and more. I thought $4K by the end of the year, now $5K is looking more likely. China and Russia are hording it for a good reason, they see it as a way to make sure the governments are well funded. Which is a little worrisome because they may be preparing for a potential World War 3. People are hording it too as things in the world are not looking good and the economy worldwide is likely headed for a recession sooner than later. Things are going to get far worse before they get better and gold will only continue to soar in price!
I think gold will be more than a safe haven asset in the future, but the start of a new economic revolution !