Are u referring to a 2008 style Global Financial crisis?

If yes, then Gold did pretty well then. Gold was around RM70/gm in 2007, it jumped to about RM100 in early 2008. A nice 40% return in a year. And do u know tht you can actually buy gold using Bursa trading account. I. e. Goldetf (0828EA).

Of course, the problem will be timing. When will this financial crisis happen? Gold does not generate any dividends. And Gold price tend to fall when RM strengthen. You could be losing money while holding Gold waiting for a financial crisis.. What if the financial crisis happen only 5 years from now.? Can tahan?

If ur timing is right, you can make tons of money via derivatives or shortselling rather than gold. See movie Big Short.

P/S Im an investor in Goldetf at the moment. YTD return 8%.

Other than the fundamental reasons (interest rate, trade war, Iran, crazy Trump), technically Gold has also broken the USD1400/ounce lvl, which is highest it has been in 5 yrs.

Still wait for G20 this weekend. If Trump and Xi Jiping kiss n make up, I think gold will fall back ( how much dunno) n stocks will go crazy. If they fight..

Japan and South Korea trade war: any opportunity here?