George Freund
Gold is both money and commodity. So its value is hard to measure as one or the other. It could well be called quantum. We are in a deflationary cycle so the commodity is dragged down. It is not a currency. It is a weight so possession negates monetary value at times. However, I best describe precious metals as a lifeboat not an investment. An optional adornment just hanging around until time of need. Then its value leaves the realm of the finite and becomes infinite. Either you have one or you don't. When the ship founders as they do from time to time, you don't want to be without one and there's no going back. You have left the world of dollars. They went down with the ship. You have entered the world of ounces. The value of the lifeboat has manifested. Be glad you have one. You'll survive where others perish.