雅虎香港電視

STORY: Gold climbed 1% to hit an all-time peak on Tuesday (October 22). Considered a hedge against geopolitical and economic uncertainties, gold has gained over 33% this year, reaching multiple records.

McMillan notes that major global players like China have been signaling that they "no longer trust the fiscal responsibility of the United States" and have therefore been selling their U.S. Treasuries and buying gold, with other nations "following suit."

This will push the price of gold higher "this year, next year and the year after," McMillan said.