I agree, gold is obsolete, doesn't have any kind of flexibility. thats the thing that killed it off I guess. I don't see much of a future for Gold and silver, it had it's last hoo-rar in 2011 and now it's just too over loaded with transaction costs. mostly the bullion side of it any way. It's struggling to even beat the currency inflation rates these days. so the wealth storage properties are under threat as well. Looking to the past to make profit doesn't seem like a good idea. Learning from the past to make profit, makes more sense to me.