(Keep in mind that those con men telling you to buy gold are trying to sell it themselves.)
Once again, you give a nice lesson in condescension. No thanks, though.
I don’t listen to con men on the radio or anywhere else. I have made a serious study of gold price fluctuations since the early 80s. And, while I don’t FULLY get all the varying strands of causation, I do have a feel for it. I have put my money where my mouth is and have done well. It has afforded a lower-middle class guy to retire very comfortably; and for that I am grateful to God, most especially.
My main interest in physical is for the SHTF aftermath, when nobody’s currency will be trusted.
Meanwhile, I kick back, with my finite, inferior understanding of gold prices, which lately have been largely moved by big central bank game-playing (the Chinese, Russians, Saudis and others) where they manage to go long, chase the price up $100, go short, and drive the price down $100; rinse and repeat, over the past 10 years or so. I think they use proxies, oligarchs. It’s been uncanny.
I am excited by what may be a breakout.