Gold does not produce anything, unlike stocks which yield dividends, or land which yields crops. And yet it's a wonderful investment over the very long haul.

Gold does not produce anything, unlike stocks which yield dividends, or land which yields crops. And yet it's a wonderful investment over the very long haul. From 1972 to 2015, BOTH gold and the S&P went up 17-fold. Moreover, investors flee to gold in times of panic. If you hold 50%-50% gold and stocks, one will tend to up when the other goes down, letting you sleep at night.