Why does gold hold its crown as the ultimate safe haven? Legendary investor Howard Marks begs to differ. He's questioning whether gold truly deserves its reputation as a reliable wealth store when stacked against stocks, bonds, and real estate. Here's the thing—Marks argues gold's value isn't intrinsic. It's all perception. As gold prices keep climbing, he points out that unlike dividend-paying stocks or income-generating real estate, gold just sits there. Its worth depends entirely on what the next buyer is willing to pay. So while gold glitters, does it actually deliver? That's the debate reshaping how investors think about portfolio diversification and long-term wealth building in uncertain times.