RE:RE:GOLD the reason for its popularity is its rarity - Gold is I get your point Moogul. I've been in GCM because of what's going on with GCM. Not because I thought gold was going to the moon - or even up. GCM should go up if gold is flat.
That said the direction of the price of gold is always going to be a major factor. I'm very curious as to what is going on with Venezuela selling gold:
https://www.dailymail.co.uk/news/article-6655309/Venezuela-plans-fly-central-bank-gold-reserves-UAE-source.html