Gold will have it’s day in the sun because people will seek to grab on to anything as fiat dies, as the laws of physics demand. I expect at some point a massive global gold grab soom time soon.
It will only be shortlived and then we will all remember that it has no utility value and move on to things that can sustain life. Possibly a calorie or BTU related currency. Because it is scientifically measurable.
These are the last days of fiat though.
4plex says 70%, I say 100% because they all paper assets require “growth” to maintain value and “growth” has gone the way of the dodo. At least in the phyiscal sense. We may want to redefine growth as we transition away for this paradigm because we seem to like that to measure success in terms of “growth” . Maybe personal, artistic or spiritual…