I've heard the "experts" on precious metals making claims since 2008. In fact, they began their permanent bullish rhetoric in 2005, and we even have on record some of the most reputable gold analysts pounding the table back in 1979. You'd be wise to ignore them, since their view is flawed.
We are living through challenging times, both concerning the ungodly levels of debt floating in the balance sheets of governments, central banks, corporations, and individuals and regarding wealth inequality around the globe and within our cities.
But, with all that said, we've been here many times before, just not in our lifetime.