Chart - TA, page-3241

Maybe you can ask the central banks around the world buying up record quantities of physical gold what the point is.

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If it's true, which central banks? Third world states, tyrants and dictators. Are wealthy western countries loading up on the stuff?
Of course they're not, they couldn't care less about gold. And is gold going up because totalitarian states and despots are 'stacking' gold? Nope...gold's going down.

Gold isn't money, got any in your pocket? Paid any bills lately with a few ounces? Gold used to be money hundreds of years ago but it isn't anymore - money is cash, a credit card or even an app on your mobile phone, not a chunk of metal.

Younger generations could care less about gold, it's a blast from the past, nice to look at, but not something that's a 'store of value'. It's one of India's big problems, they can't stop the population thinking gold is money and loading up on the stuff, one of the reasons the country is so poor.

If society was to collapse why would I need gold? I'd need water, food, transport, shelter, warmth and probably firearms and ammo..not a piece of metal.