@W at Off-Road Finance

"Gold is also disproportionately held by older speculators (they’re not investors – gold has no yield) which means that time is not on gold’s side."

I forgot to ask why you wrote this? Do you think that people are stuck at the age they are presently? Do you not contemplate the possibility that older people are replaced by younger people as they get older, meaning that gold has all the time in the world, if your hypothesis is to be taken seriously?

And are all the folk that buy stocks and shares (they may pay dividends of some sort or another) investors? Do they not also speculate that the value may go up or down, as indeed can the dividend? Do you not buy and sell on this speculation in your world?

Do people pay you for your advice?