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Gold can be thought of as a "Carry Trade", borrowing at low interest rates to invest at higher returns. Ironically this is similar to Warren Buffet's trading methodology of massive leveraged capital deployment investing in super solid companies. (link?)

Buffet doesn't need gold as long as there are Obviously Good Buys. If gold is like putting your wealth into stasis, Buffet's strategy is like turning wealth into a literal haven like a house, or a soybean farm. Something people *need*.

(Possible side thread here where despite physical safety people are "dying" due to loneliness and lack of psychic safety. Physical haven vs spiritual haven. Gold as Jesus, Bitcoin as the new messiah.)

There's a difference here between a Haven and a Crisis asset. A crisis asset is like Guns... stuff that goes up in value when you expect shit to hit the fan. A Haven doesn't necessarily expect to fight. It tries to weather the storm, not create a new world order.

A haven asset eventually plans to flow back into a higher yield expansionary asset (like shares in the kingdom) once the bullshit is over. (e.g. price discovery is broken)

Since the Ark of Gold has limited room, the price of haven assets goes up just like the last few tickets of a concert are more expensive.

A successful transition from haven <=> reality depends on how skilled one is at gauging the accuracy of the price discovery mechanism. (Due to popularity of index funds IMO everything is blurred and unclear.)

Bitcoin's value as a now is probably mostly due to the Crowd's inability to distinguish between a haven and a crisis asset. When everyone is rushing to the Ark most people just assume the world is ending.