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 don’t think society across the whole planet will collapse, short of a nuclear war in which case gold won’t help one bit
Much more likely that certain areas will experience famine, war, disease, and reduced access to medicine.
Really the best bet is to be able to be mobile if an area has a significant decline you can move to where it’s better