Gold prices reached an all-time high of $2,942.70 per ounce on February 11 due to concerns over President Trump's tariff announcement, but later dropped slightly. Despite the retreat, investors remain bullish on gold as a safe-haven asset. The fear of a global trade war is driving demand for gold, with some investors being price insensitive due to potential tariffs. In contrast, Bitcoin, often considered a digital equivalent of gold, dropped over 2% on the same day, undermining its claim as a safe-haven asset. Gold bug Peter Schiff expects gold to surpass $3,000 and questions Bitcoin's "digital gold" claims. Schiff criticizes U.S. media and Wall Street for overlooking gold's performance.



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