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.
They are going to learn that you can’t eat gold. It has next to no purpose other than looking pretty, and that’s not going to matter much anymore in one of these events. It’s value is as speculative as any other.