Gold is not a certain faith and belief or religion. It takes time and energy to find a rare metal. It's finite. Interest rates around the world are zero or negative. I'd rather not leave my paper in a bank sitting around doing nothing. What does it cost to create a Federal Reserve Note? It costs less than 15 cents to print a $100 bill. There is a lot of energy spent to find $100 worth of gold.
Gold circulated as money. Sits around and does nothing? Gold is used in Aerospace, Medicine, Computers and Electronic, Jewelry, Dentistry, and protects your purchasing power. Unlike paper with green ink on it. Those Federal Reserve Notes lose roughly 2% of their purchasing power every year. That was the Feds inflation target. Sure gold can crash. All a bank or government has to do is sell at the market two or three years worth of paper gold production at 5:30 in the morning all at once. But gold has never been worth zero. All currencies have or will.
The gold I own is not to inflate my ego. It's to protect me from a government who thinks that printing endless amounts of currency for Trillion dollar deficits and bailing out everyone will have no consequences.
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