I’ll take reason #5, Alex.
There was lots of panic-buying and it drove up the price. The price is falling now only because people are erroneously questioning their panic. The sky hasn’t fallen. Yet.
Buy, buy, buy.
Lancey, I don’t know ya but you seem to be good guy. I think it is getting high and a turn is looking us square in the face. Unless it drops below 350 I am OK. For all of you speculators, be careful.
My property taxes (On raw land) went down this year for the first time. The tax appraisal went down by 10%, though still about 20% above my original investment. Gold purchased at the same time has doubled in value even with the current correction.