Gold is always trickier to fathom out. I can see a scenario when...

Gold is always trickier to fathom out. I can see a scenario when a depression will cause gold to decline a lot before it rockets to the moon (ie, US dollar climbs due to the flight to quality nonsense before it collapses). In any case, just buy a little gold on dips for insurance (as distinct from an investment) as it's meant to be for the long haul when all fiat money might collapse.