Gold is commonly considered to be a safe-haven in times of financial or political uncertainty since it is not at risk of becoming worthless, unlike fiat currencies or other assets bearing credit risk. During times of market turmoil, investors turn to gold given its perceived safe haven status.
As this shocking current financial market turmoil situation evolves, gold remains set to become the "TINA" (there is no alternative) safe haven asset.

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401(k)s and conventional IRAs can be volatile and volatility is expected to increase in the future. A gold IRA strategy can reduce volatility’s impact.