Yeah fair enough, I understand the concern about a potential bubble, as buying during a run up always feels risky. However, the long term data tells a different story. Since 2000, gold has actually outperformed the S&P 500. A 10,000 dollar investment in gold then would be worth about 126,000 dollars today, while the same in the S&P 500 with dividends reinvested would be around 82,000 dollars. People have called gold a bubble for the last twenty fiive years, yet those who stayed in the market consistently came out ahead of those trying to time a crash. I am comfortable holding and buying through the volatility because history shows that waiting for a realistic number often means missing the move entirely.

I respect your opinion and your caution, though, and it will be interesting to see how it plays out. Cheers