I know people out there who have invested a lot in gold under the belief that in the event of like complete societal collapse or hyperinflation, they could use it for purchasing.
I have the hunch it’s a scam, but I haven’t learned enough monetary theory, business, or economics to understand why.
In case of complete societal collapse ? Yes.
But if you have to flee from your homeland, gold is a universal currency.
How are you supposed to get it out of your homeland?
Load your gold into your car ? I might have misunderstood the post. If you don’t own it directly it’s no better than any other investment