gold, page-113923

Wrong again!
You're not having a good day today.
Firstly, in 1980 the gold price was roughly $615 or $2,215 adjusted for inflation - not $3,241.
Secondly, I don't know anyone who bought gold in 1980 and still holds the same tranche in 2022 - most use gold to add alpha to their portfolio by trading it. You seem to have an oversimplified thesis that people buy gold on day X and hold it forever. That's not the case. There are several types of gold assets traded including futures, options, ETFs, stocks, etc. Not everyone invests in physical gold and of the very few invested in physical gold (coins, bars, etc.) somewhere between zero and none on this forum bought in 1980.
GLTAH!