Sell off, slides? I would say it is barely a tickle, nothing that would really concern serious investors. There is nothing to panic about, the safe haven is still that, safe.

But why would there be so much conviction in how gold (and the other metals like silver, platinium etc) keeps forging forward and upward? I would chalk it down to the world's instability. If the leader of the free world was anyone less chaotic and more level-headed, I would have doubted if gold would indeed keep its momentum.

As it is, Trunp is constantly picking fights, both verbally and actually taking action in cases like Venezuela, enough to spook the markets, and spur safe haven assets onwards. He threatens, both friends and foes alike, so there is no way to chalk it up to him being a hawkish figure who goes after belligerent states and players.

With the market constantly on edge, waiting on the words of someone who seems to always be online and always willing to throw a sound bite, it is no wonder why everyone runs to seeks shelter in assets like precious metals and why the call that gold would go from 4000 to 5000 seems prophetic.

As I stated before, all these investment to hedge against volatility in other segments, will hurt us as a whole. Take for example silver, which struck record highs, is now starting to push out industrial buyers. Most significantly affected are solar panel makers who are hoping to find an alternative in base metals to avoid the premium on silver. But a true viable alternative will not be easy, otherwise it would have been used long ago. This scenario in itself would impact our progress on curbing climate change, causing more problems to the world.