Gold, page-3363

You are going to hate me for saying this but it is all about price. Supply and demand stuff. Just like bricks and mortar, there come a point when everything is over priced especially after an exponential rise. Gold is no different.

I don't buy this concept that gold is money. But I do see it as a commodity of fear hedging for whatever the outcome investors are trying to protect.

Praying for a collapse is stockmarket to drive up gold is a very poor form of hope. When asset prices collapse quickly, the panic can destroy valuation in all markets. What happened to gold during the initial stage of
GFC?