It’s not to buy and sell.
It’s reserve money for TEOTWAWKI, and that’s all it is.
If you turn little green slips of paper into the old yellow fellow, don’t do it with the goal of having more slips of paper in the future.
That’s not what gold is for.
I guess if you have giant boatloads of money, converting some of it to gold makes sense. For the average joe like me, it’s not an issue. I could lose what I could afford in thr sofa cushions. I’m gradually stocking up on things like coffee, booze, tools, tobacco. Same kind of thing that holds currency in prisons.
Now seems like a dumb time to be buying gold. I envy the sellers, though.