All I know is that I see signs everywhere saying “We Buy Gold” or “Se Compra Oro”. I do not see signs everywhere advertising gold for sale, nor do I see online advertisements on any mainstream websites advertising gold for sale.
I thought gold was in a bubble and sold mine at a loss back around $600/oz or so. I sold again to break even at $1000/oz. Don’t own any today because of my poor track record in the past and it’s too rich for my blood now…