Advice Please On Silver And Gold For Investing

I remember when the experts figured that the vast new market of US buyers when they were allowed to freely hold gold in any form, like most yurrupeans, would see skyrocketing gold prices starting Dec 31, 1974.

Gold started around $200.90 and dropped about 50% through 1975.

What went wrong?

Amerikans who were interested in gold could buy all they wanted, just in somewhat inconvenient denominations. They, and others outside the US, stockpiled in anticipation of a flood of new buyers.

US had never been real big on gold ownership (even jewelry was likely to be platinum), and the mad rush never happened.