Its not that gold is worthless, but it might be worth significantly less for you. A sovereign nation could institute a recall of gold devaluing the commodity[1]

Its not that gold is worthless, but it might be worth significantly less for you. A sovereign nation could institute a recall of gold devaluing the commodity[1]. A different sovereign nation could invade and take the gold by force. Both of which have precedent in the last 100 years. Ofcourse if you only read history from the perspective of the winners, gold is always a good long term investment. [1] https://en.wikipedia.org/wiki/Executive_Order_6102 https://en.wikipedia.org/wiki/Executive_Order_6102