When the markets go down, the money goes somewhere.
Usually the safe 'parking space' is gold & silver.
Add crypto into the mix now, since it wasn't around in 2008 in a big way.
But with so much volatility around currently, there could be a rush on the real metal, rather than the paper version of it.
And that presents a problem.
There is far more 'paper gold' in circulation than the real stuff.
Supply & demand dictate the price.