Ultimately, the analysts outlined that both generations demonstrate serious divergence in their preferences and concluded that “the older cohorts prefer gold while the younger cohorts prefer Bitcoin.
Source
It is no surprise having young generation go for Bitcoin, this trend is expected to continue by the look of things and ultimately into other cryptocurrencies as well.
On the elderly side of looking for safe haven the research by JPMorgan concludes the elderly are in for the accumulation of gold. This is no surprise either considering there is no difficulty in terms of use in gold accumulation.
Either way I see both options as good moves, I can opt for both without having to worry.
Covid 19's impact on the world economy is forcing us out of our comfort zone, it is time to start looking for safer havens as we rapidly lose faith in governments.
Further Read: JPMorgan: Young People Buy Bitcoin, Elderly Invest in Gold
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