Gold has had an interesting ride over the past few months. With loads of uncertainty in the markets due to the coronavirus pandemic, many investors have sought out the reliable investment of precious metals to protect their portfolios. Among the many options available, John Feneck, an investor in physical gold, has made a compelling case that gold has the potential to hit new all-time highs in the near future. John Feneck argues that gold is an attractive asset due to its scarcity. As a non-renewable commodity, there is only a finite amount of gold that can be mined and used for investment purposes. This scarcity and inability to expand the supply make it fundamentally strong and less vulnerable to manipulation from large investors. In addition, John Feneck argues that gold is not directly affected by movements in the stock markets. The precious metal does not produce dividends or do anything else that affects the prices of stocks. This means that in volatile markets, there is generally a ‘flight to quality’ wherein investors will move their money out of stocks and into gold in order to feel secure in their investments. This has historically led to prolonged bull runs for gold, and Feneck believes this will continue in the months ahead. Lastly, John Feneck points to the fact that central banks around the world are starting to use gold in their reserves. This is a sign of the precious metal’s increasing desirability and stability, and Feneck argues that this trend will only bolster gold’s value in the coming months. All of these factors, combined with the increased uncertainty in the markets due to the coronavirus, means that John Feneck believes gold is set to reach new all-time highs. For investors who are looking to protect their portfolios, gold may be the perfect solution.