i think gold “bugs”/investors are  fundamental guys.

they believe in honest money,personal freedom,and dont trust the system.these are ideological fundamentals rather than those of supply and demand.i spent a lot of time studying gold fundamentals

it was the failure of this research that drove me into following charts

gold should have been 10000$ by now and the monetary system

the dollar,the bond market,the stock market should have collapsed

what are the major gold supply and demand fundamentals:

  1. jewelery-china india- the orient
  2. industrial demand
  3. alternative currency/diversification- the 5% allocation
  4. monetary system/central banks/gold standard idea
  5. future markets-speculators

have i missed something important?

where would they be in 10 years times in the face of cryptos,

the war on cash,a young generation addicted to technology

and virtual reality.what will the meaning of a gold coin or a gold bar

be for them?

maybe it would be like movie theatres.they did not go away.people still like them,despite t.v and cell phone

its nice to be be able to share these musings somewhere