I love your posts, Skol.... so positive and self explanatory.
BUT....why do you ignore all facts that are recorded as manipulation of precious metals?....Aka JPM and its MULTIPLE fines for manipulation....hmmmmm
As for inflation adjusted...1980 to 2021..... I believe that you have neglected to compare the Economic conditions of those two eras.
The Internet did not exist and crypto currencies had not become the "tulipmania" of today....hmmmm
Yes!....I own physical Gold....purchased back in 2014/15.... and Yes!....AUD$1450 -$1500.
Would you suggest that I was wrong, Skol?.....wrong, even though it is a passive investment that sits.....and sits in the vaults of ABC Bullion (Sydney) IF you suggest that I was wrong, skol....then pray tell me why ---show economic conditions and forecasts that suggest that GOLD will not rise in value in the coming years...GLOBAL economic conditions, not USA misinformation (CPI...DEBT...DEFICITS...Growth projections).
btw....AUD$ GOLD is currently just shy of $2300.... A healthy interest gain over 6 years, for us (SMSF)