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.
I feel like you could still do very well in life if you controlled literally all the gold in the world, but also he is Warren Buffet and my current wallet is one that I found on the ground, so I am willing to defer to the experts here.
(NB, the wallet was empty, I’m no savage)