Which type of gold ?

The paper type ? It's available in unlimited supply.

The physical type ? It's un-tradeable in any significant quantity.

These are now two distinct assets which is something most gold bugs have failed to realise. Yet one can't work without the other which means they act as a mutual attenuator on each other's value.

The most favourable trading conditions gold has ever seen since the great depression have just occurred during the last 8 years, yet it lost value. Maybe people who still promote it as a 'safe haven' should start asking themselves why