The Zhitong Finance App learned that on Friday, the US stock gold sector declined. As of press release, Coldrane Mining (CDE.US) had fallen more than 4%, Barrick Gold (GOLD.US) had fallen more than 2.7%, and the US Gold Company (USAU.US) had fallen 0.79%. Mark Spitznagel (Mark Spitznagel), founder and chief investment officer of Universa Investments, predicts that the global market will “collapse” before the end of this year, which may be driven by the economic slowdown. “Gold will fall and cryptocurrencies will fall along with risky assets,” he said. He also added that bonds could be a safe haven. He also anticipates increased volatility over the next few months.

The Zhitong Finance App learned that on Friday, the US stock gold sector declined. As of press release, Coldrane Mining (CDE.US) had fallen more than 4%, Barrick Gold (GOLD.US) had fallen more than 2.7%, and the US Gold Company (USAU.US) had fallen 0.79%. Mark Spitznagel (Mark Spitznagel), founder and chief investment officer of Universa Investments, predicts that the global market will “collapse” before the end of this year, which may be driven by the economic slowdown. “Gold will fall and cryptocurrencies will fall along with risky assets,” he said. He also added that bonds could be a safe haven. He also anticipates a rise in volatility over the next few months.