I hope your opinion is correct; but I personally doubt it under...

I hope your opinion is correct; but I personally doubt it under the current world order.

If the POG was not being manipulated it would never had sold off so sharply in 2013, plus the many other times that the POG tries to run up to true market equilibrium.

Anyway, the chart you posted just reinforces the breadcrumb effect that TPTB give to the peasants by allowing the POG to slothly increase in increments. You know............. up down up up down up up up down down up down down down up down repeat the cycle or something like that!

If the scarcity principle was allowed to do it's natural work and true market equilibrium was being discovered then the POG would be a few multiples (if not many multiples) higher than the present $1970 odd USD of today.

Since the criminals unpegged the USD from gold we have all been taken for the saps that we most likely are, in the main.............. whatever whatever.

Regardless, I still believe there is a role for gold in one's portfolio as insurance for the day when the tide goes out and the emperor is found swimming with no clothes on. Gold miners can provide low premium insurance benefits in this regard, but only god knows when the tide will turn.