Because gold market manipulation is real https://www.zerohedge.com/contributed/2012-07-08/libor-largest-insider-trading-scandal-ever https://www.zerohedge.com/news/2014-01-16/precious-metals-manipulation-worse-libor-german-regulator-says https://www.zerohedge.com/news/2017-04-10/secret-recording-implicates-bank-england-libor-rigging https://www.zerohedge.com/news/2017-04-11/bank-england-rigging-libor-%E2%80%93-gold-market-too https://www.zerohedge.com/news/2017-07-29/libor-dead-400-trillion-assets-are-stuck-limbo https://www.zerohedge.com/news/2018-05-15/gold-manipulation-comprehensive-guide-paper-manipulation-james-rickards https://www.zerohedge.com/news/2018-06-21/manipulation-gold-silver-bullion-banks-0 https://www.zerohedge.com/news/2019-05-22/question-gold-price-manipulation https://www.zerohedge.com/news/2019-07-22/gold-silver-price-manipulation-greatest-trick-ever-pulled-0 https://www.zerohedge.com/news/2019-10-02/bank-gold-price-manipulation-continues https://www.zerohedge.com/news/2019-12-18/gold-price-manipulation-2019 https://www.zerohedge.com/markets/three-jpmorgan-traders-charged-massive-gold-market-manipulation-fraud Tue, 09/17/2019 https://www.zerohedge.com/commodities/us-launches-criminal-prove-jpmorgan-gold-price-manipulation Wed, 02/05/2020 ... https://www.zerohedge.com/commodities/rickards-how-gold-manipulated Understand this: Gold (and PM in general) are the direct competitors to fiat Gold isn't an investment (especially in the context of rigged gold market, and rigged markets in general), it's an insurance against total ruin, so you have a natural run on gold when fiat is tanking, in turn the banking cartel crashes the price of gold to slow down the run on gold, incentives In the end gold will win, in the end That being said, as some have stated here, you can't eat it, you can't live in it And it's going to get tough to get "change" on a gold piece... Silver is more handy in that regard, and it's subject to the same sort of manipulation designed to protect toilet paper I looked for the value of gold the other day, and silver, here https://www.apmex.com/silver-price Both are taking a dive naturally, for the reasons mentioned above, platinum too, and palladium is barely starting to take the dive I say buy some of those if you can afford it, buy when it's low (physical gold not "paper gold") As I stated, in the end, gold wins Just don't expect it to be an investment, and buy it while it's dirt cheap. Worst case scenario it makes a great gift for your grand children