Unfortunately, it has infinite upside potential. Fiat currencies can be driven to zero value.
Can’t argue with that. I think the trend in gold prices will continue to be upwards, but with peaks and valleys along the way. I was thinking more in investment terms, you don’t want to buy on the “peak”.
I saw one calculation that if Uncle could get all the gold in private hands in the US then Uncle could back the USDollar at around about $5000oz.