So would many people (especially in today's economic climate), which is why gold is much more expensive than it was in the 80's and 90's (see: http://goldprice.

So would many people (especially in today's economic climate), which is why gold is much more expensive than it was in the 80's and 90's (see: http://goldprice.org/30-year-gold-price-history.html http://goldprice.org/30-year-gold-price-history.html). If today's uncertainty subsides, gold could cheapen considerably, inflicting large losses on anyone who invests in it now. Of course, if you think dollars are even riskier than most people do, it may still be worth investing in gold. But not simply because it's not a "fiat currency".