"Gold is not accepted at my local supermarket, and probably not yours either." Neither is any other "foreign currency" which also needs to be "exchanged to loc

"Gold is not accepted at my local supermarket, and probably not yours either." Neither is any other "foreign currency" which also needs to be "exchanged to local currency first". See that's the thing the markets are trying to figure out right now ... is gold an industrial commodity? In which case, yes it is terribly overpriced! Or, is it in a time of world-wide currency crises reviving its historical role as a store of value, an AAAA++ rated, supra-sovereign "monetary asset" (rather than granted an immediate for-daily-barter currency) with no debt burden and no counterparty risk? If yes, it might still be vastly undervalued!