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Gold To Rally Even Higher On Nvidia, Big Tech? Schiff's Firm Says AI 'Has Looped Around To Depend On Our Oldest Kind Of Money'

Benzinga ·  Apr 24 16:40

Gold, traditionally considered a safe-haven asset, has surprisingly rallied alongside riskier investments this year. According toSchiff Gold, a precious metals dealer founded by economistPeter Schiff, the yellow metal still has room to grow, and one reason might surprise you: its increasing use in technology.

The Tech Connection:Schiff Gold argues that precious metals like gold are more connected to technology than most people realize. Many tech products rely on gold as a key component due to its conductive properties.

For example,Nvidia, a leading graphics processing unit (GPU) manufacturer, uses in its products "conflict-free" gold as...

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