Political and economic uncertainty creates a rush to buy gold
Alec Van Rijk is a longtime true believer in precious metals, especially gold.
"I am putting on a daily basis a lot of my money into gold. I love gold. I like to trade in it and I have a lot of confidence in gold," said Van Rijk.
The self-described "gold bug" sits on a stockpile of gold bars and jewelry. At his jewelry store in Toronto he buys and sells gold daily.
Van Rijk says gold has an "instant" value.
"So the intrinsic value, I think, is there and I think the commodity is very stable. Much more stable than paper money," said the owner of Van Rijk Jewellers.
In fact, gold prices have long been volatile, but in an era of global political and economic uncertainty there is often a rush to buy gold.
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