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The David Lin Report · Monday, June 29, 2026

Gold Preferred Over Bitcoin as Safe Haven in Challenging Times: Smith

Richard Smith believes gold will continue to be preferred over Bitcoin as a safe haven asset during uncertain economic times, due to its long history as money. While he doesn't expect new highs for gold, he anticipates it will perform better than Bitcoin and trade sideways to down over the next year.

tickerBTCpersonRichard Smith

The tape

2 quotes
So, I do think that as we head into these more challenging times that gold is going to be preferred, continue to be preferred over Bitcoin.
Richard Smith
Um, but uh, I don't think gold is, you know, going to make new highs and I think it will probably be sideways to down over the next year or so.
Richard Smith
Heard on The David Lin Report — “End Of Cycle: Analyst Called Bitcoin Top, Warns Market Breaking Point Nears | Richard Smith, published Monday, June 29, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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