you hit on something key: credibility. it is gone, the emperor truly has no clothes for thinking persons who see what is plainly visible. i am now willing to believe we have very deep players in PM space that manipulate price. as in central banks type intervention, its all they've got left. BUT they are deeper than you or me and i'm not about to get into a battle with TPTB. but i am going to marshal some physical and also trade some miners, such as mux.
if anyone hopes to make even one dime in markets, they have to first decide what their skill set is. i have no insider info and i'm not smarter than everyone else. in fact, i consider myself rather simple but someone who can observe and draw conclusions. gold has ALWAYS been regarded in all of human history as value. does that mean it goes up or down next 90 days? who knows. see above re TPTB. but i'm a simple guy, i have a feeling gold will be regarded by humans as valuable over USD or bitcoin because well . . . history. currencies come and go. we are exhibiting hubris to think the $$ is somehow magically immune. this push to strengthen king dollar is the final act, with some serious changes to follow. not because i think i'm smart or have insider info. but because it is what i see.
will the world get more or less volatile in future? i have an opinion as does everyone. when i look around, what do i see with upside potential? yahoo stock? gm? buy a bond fund for income stream? or does gold strike me as something that could perform well in what i perceive to be some major instability on the horizon. at this point, i don't even care about return, i want preservation. sorry so long. choose well.