I disagree that the growth of the money supply foretells a crash, but I have seen enough commodity bubbles to recognize the substantial downside risk of investing in gold at current prices given the history of gold prices. By far investors are the largest holders of gold in the market and when their greed overtakes their fear the sell-off of gold will be rapid. You may have to wait 10 to 30 years to get your money back.

As an individual I can't control the money supply only protect myself from the consequences in the ways I have stated. However, I sure can avoid buying gold at current prices.