[Exhibitman]

Now is probably a bad time to buy gold, unless you are a doomsday kind of guy. Per Forbes (Is Gold An Inflation Hedge? 3/10/23):

"Some studies have found that gold can be an effective inflation hedge, but only over an extremely long time horizon of more than a century.

Over shorter periods, researchers found gold’s inflation-adjusted price fluctuates dramatically. Since 1972, the ratio of gold’s price to the CPI has averaged 3.6. The current gold-to-CPI ratio is 6.4. If gold were a simple, reliable inflation hedge, its value would remain roughly constant relative to the CPI."

The price of gold has gone up much faster than the rate of inflation for some time now (up nearly 25% since October), so I would think that it is primed for a series of price drops and little if any gains over the next few years.