Many believe that, during times of economic downfalls, gold is still a safer investment, provided that no majority owner or block of owners can control the market. For example, King Mansa Musa of the Mali Empire (1312–1337 CE) spent so much gold in the markets of Cairo that the value of the precious metal plummeted by 20 percent. Ranked as the twelfth richest man ever to walk the earth, Mansa Musa had hauled over 16 tons of gold with him on his annual pilgrimage from Timbuktu to Mecca. It was on his return trip to Mali through Egypt that he stopped to shop, and his Cairene shopping spree triggered an economic downturn in the Middle East.
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