A new ATH = a technical breakout on the chart after a decade of consolidation. The point is a range breakout has occurred and gold prices are set to trend significantly higher. The chart looks an awful lot like mid-late 2009
There's another point worth mentioning
If we agree that the current dynamic looks pretty much like mid-late 2009, we mustn't discard what happened a few years later. That is to say, we should also envisage a crash followed by another decade of painful consolidation most of 2020's
Markets range 80% of the time and trend only 20% of the time. If you hold gold during its historic uptrends, you'll beat the hell out of inflation, no question
Somehow, I thought you should have sold out at the peak of a historic uptrend and buy back at the bottom in order to actually beat inflation. Then no questions will be asked, indeed