One can rationally argue that gold should be treated as a commodity if one THINKS it will never again play a major monetary role. Certainly many think this way.,and they could be right. But asserting this like the 11th commandment is something else.
Never say never I always say.
“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi