CITI: This commodity is a better safe-haven option than gold

One of the more popular debates among economists revolves around this question: What's the point of gold?
Some think it doesn't serve any purpose, and therefore has no intrinsic value.
Others claim that hoarding gold is a legitimate way to safely store wealth in preparation for economic troubles.
Investors in aggregate tend to lean toward the latter sentiment. In times of market turmoil, they generally dive headfirst into the shiny metal.
For example, most recently, gold prices shot up about 5.2