Personally, I would consider gold as an insurance. The current price does not matter that much. What matters that in case of a catastrophe (financial crash, sys

Personally, I would consider gold as an insurance. The current price does not matter that much. What matters that in case of a catastrophe (financial crash, system crash, socialist takeover, whatever), it would be valuable. I would assume that in case of a system crash, gold would be more likely to retain some value than most other assets. Like think socialist takeover - all other assets (real estate, company stock) would be devaluated over night.