Gold hasn't failed; we just keep misunderstanding its role - KITCO

This gets to the heart of why so many investors feel disappointed with their gold positions. They bought expecting tech stock returns and got insurance instead. Gold's job isn't to make you rich overnight. It's to preserve purchasing power when everything else falls apart. Look at the data - gold's up 25% year over year while bonds got crushed and equities stayed volatile. Central banks added another 800 tons in Q3 alone. They understand gold's role perfectly. It's not about beating the market every quarter. It's about being the asset that survives when monetary policy finally breaks something important. Stack accordingly.