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Gold Is the Real Bubble, Says Ark Invest's Cathie Wood—Not AI

by Vivek Kumar
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Gold Is the Real Bubble, Says Ark Invest's Cathie Wood—Not AI

In brief

  • Tech investor Cathie Wood said Thursday that gold is the real asset bubble, not AI.
  • Her comments came a day before gold fell 9% on Friday, with silver falling much harder.
  • Wood recently claimed Bitcoin was a superior scarcity asset when compared with gold.

Gold’s rise has caught the eye of noted technology investor Cathie Wood, who says the precious metal is the real ongoing market bubble—not artificial intelligence.

Wood’s remarks came Thursday as gold surged to a new all-time high…

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