Gold is emerging as the preferred hedge against dollar collapse risk, according to a prominent economist at Goldman Sachs. In a recent analysis by PANews, Daan Struyven, Co-Head of Global Commodities Research, reveals that gold offers superior protection compared to Bitcoin, citing its lower volatility and stronger correlation to traditional asset classes. While both assets have witnessed substantial growth in the past three years, Struyven emphasizes Bitcoin’s heightened sensitivity to market fluctuations and higher positive correlation with technology stocks, making it a less reliable hedge against economic downturns. Instead, gold’s low correlation and stable performance suggest it presents a more favorable investment strategy for mitigating stock market downturn risks.