Not always... just like bitcoin... or oil... the cost to recover (or discover) steadily increases. And just like the other two there is an absolute maximum amount of gold on the earth, and so far alchemy hasn't panned out for anyone.
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the argument that gold is bad, so silly
Me? I'm certainly not making that argument! I put a healthy amount of my portfolio into precious metals. The in-my-hand flavor, not paper/digital crap.