Yes, but the difference way back then was, savings were the keystones to most families financial strategies. These days, socking money away in the bank doesn't do it, gummints the world over are grinding interest rates down down down, tell me, what does a drawer full of gold achieve for anyone, it makes more sense to buy stocks than buy gold, the stock market is the new vault, the only difference is, one needs high speed keyboard fingers to withdraw and deposit.
LOL. Gold recently went to $1700, did you ever say once that gold had good price action on the way up?
gold to the precious is like bitcoin to the cryptos, both are the best out of shit asset classes... so they will have some good days, but are still shit class.
Compare the US Dollar vs. gold since early 1970's (gold standard elimination). Hell, compare it to the SP500 since then...gold holds its own very well. Anyway, gold has destroyed the dollar over last 50 years...that doesn't sound like a shit asset class. Your dollar has proved to be a flawed asset class...fiat garbage...just less garbage than its foreign competitors. So, when you say "some good days", you must really mean some good years...how else could it get to $1700-$1900 price ranges from $35-$300...can't get there in days only. I'm biased towards gold right now because I believe its time to be a gold bug. When gold peaks, I will be a stock market bug once again. You on the other hand, seem to be biased against gold no matter what. Gold could go to $2500 and you'll still be a hater...I can't take you serious.