your necklace won’t reach zero value though

I agree with the first claim but only USD will go to zero. Gold is not only money, it is a commodity as well. It will always have value but there can be new gold supplies that fluctuate that value. BTC has a fixed, unchangeable amount, it will shoot up. USD/EUR are scams designed to go to zero.

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Hard to tell which is which

In our lifetimes, two will trend up vs USD. Too many central banks own gold to let its value decline

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Gold never goes to zero. Its God money

Provocative post, because I think it depends on time frame, and whether "trend to zero" means that it ultimately worthless, or that it will be just worth less.

How does gold trend to zero? We've already minded like 70-80% of the earth's gold, with pretty high confidence. Of course asteroid mining could change things, or maybe some large deposit could be found somewhere totally unexpected vis a vis the modelling—though even that wouldn't likely change t...

Agreed on USD, not sure your gold price is correct

Depends on the timeframe, and if governments aggressively adopt CBDCs everything changes.

USD is endless inflation, people are just to stupid to see (they just think stuff gets more expensive). In 1979 you could get an oz of gold for 35$, today the price is 3350$ Gold is stable, it is directly reflected in the energy used to extract it. High price more gold, lower price less new gold....

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