You guys are getting distracted by Skol's opposing views in the endless mud slinging. You are relatively new to HC or have you just been reading your craft hood for a decade?
Go back to 2013 taper tantrum and you see that gold fell 50% regardless of manipulation, unloved or whatever sellers/shorters do to smash it down to $1000. That is about 9 years ago or is that too short a time for your view?
You can't deny that compared to property, gold is left for dead with no yield. Hell Bitcoin has no yield and yet is displays wealth and safety characteristics, leaving gold for dead even with this current crash. Go back to pre-GFC 2008, gold fell 50% and only the intervention of QE did it started to go up based on bogus claims of USD going to hell, US economy reset and all those doom talk. Wishing for a market crash to trigger to a flight to Gold safety isn't working either. Look at US stock indices since Pandemic crash, left gold for dead. In fact during the pandemic, gold crash too and again was saved by the mother of all QE.
And now we have someone like
@Crom Valen wishing for a market crash thinking it will save gold from falling. 10% correction and local XGD is down 16% in that short period. Yep, flesh wound .....