After 2008 and the boom in gold upto 2011, many did consider the problem and therefore the reasoning to hold gold as over. However thats not true while we have ongoing QE programs and former FED chiefs have stated we can never go home again, we can never reverse the debt accumulation and QE. So the monetary base is expanded and changed forever and unfortunately because we got away with it once we are continually repeating the mistake and over spending and most countries also running continual trade deficits. All that might be ok and even justified in extreme times such as this virus effect but long term in the boring every day business there is no way it can last and defy gravity.
There are terrible misconceptions on QE and similar methods from national goverments, globally. People say and believe such things can help the economy but they are totally wrong. Such things, in reality have some short term boost for economy but in the long period, it is a kind of hidden inflation from governments and central banks. With QEs and similar stuffs, the world has lived and depended upon higher and higher leverages as well as inflations. All of them, in turn, result in higher risks for global economy. Fortunately, it is a good thing for safe asset, like Gold, then Bitcoin.
The almost certain result is the gold price rises over decade time frames, though gold fell back quite badly from 2011 onwards it has been in recovery since about 2016. Right now I rate gold very highly and so my interest in this project is high and every viable investment asset related to gold net buying by central banks, nations and even ordinary people in the end will require gold to retain value towards their savings which all of us naturally require in our lives.
I believe Gold will have another 4 year of growths with some hiccups along the journey. Not only because of the virus, the pandemic, but also because of the recently responses from many national central banks: print more money and create higher inflation.