I don't think the ultra rich invest much in gold, they own companies that make them money (and they own governments to bail them out if the invest badly). The middle class are the ones who have some money and don't want to lose it (they don't have enough cash to have controlling interest in companies and stocks are pretty much a ponzi scheme). The poor could care less about inflation because their whole existance is spending all they make and whole industries are tied to pricing things the poor can afford (plus inflation makes their debt easier to pay off or simple default on). The middle class is going to fall apart soon enough so I don't see commodities doing that well down the road, eventually they will need the cash and there will be fewer buyers out there for it.
Most of the tech advances in the world were paid for by governments fighting wars or trying to keep ahead of the other countries. Most of that pure science R&D that started the microchip which eventually powers everything we use isn't going on anymore. The whole chip industry was started to build ICBM controls, going to the moon was funded for intercontinental ballsitic missile tech. These days all the cool gadgets are just off the shelf stuff with custom programming, nothing that will cause another wave of industrialization and wealth creation. What was the last tech company that actually had grounbreaking tech? These days its all facebook and Google type IPOs that don't create anything of value.
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