Like it or not gold is money. Current monetary policy supports much higher gold price. If and when you see a radical change in monetary policy its probably time to exit. I doubt we’ll see that anytime soon. Probably see gold re-enter the the monetary policy in some form when it gets out of hand.

Not to hijack the thread but I’m curious if everyone is inclined to believe we are in an inflationary times why so much focus on equities and not commodities (in general no just pm’s)?