Gold is money ... everything else is credit -- J.P. Morgan
Personally, I think that paper gold (e.g. GLD) will fall to zero before long.
On the other hand, physical gold (bullion coins and bars) will soar through the roof.
Morgan was exactly correct. The value of fiat currency depends solely on a government guarantee ... and our government is broke!
Paper gold to zero? That defies the law of supply and demand. To make such a statement without establishing and defending your premise is intellectually dishonest. Explain please.