Ed Yardeni says gold is the best safe-haven play and 'the new bitcoin'
While both assets have posted strong returns this year, gold has been by far the leader.
TL;DR
- Gold is now considered a better safe haven asset than bitcoin.
- Gold has returned 60% in 2025, compared to bitcoin's approximately 20%.
- Gold has shown strength in the past month and week, while bitcoin has declined.
- Ed Yardeni predicts gold prices could reach $5,000 in 2026 and potentially $10,000 by the end of the decade.
- Bitcoin's recent slump is linked to liquidity issues and large liquidations.
- Gold rallied on news of potential tariffs against China, while bitcoin fell.