Y’all may be right but let’s keep in mind that we all got opinions and feelings while the world gives us facts. Them that tried to ‘insure’ against inflation a couple years ago are not feeling very well protected right now.
Why not? If you bought gold as insurance (the only reason to buy it), then fluctuations in price shouldn’t mean shit to you.
If one bought gold trying to predict inflation, you were essentially just gambling. Too bad for these people.