The markup on buying physical gold is pretty high. The discount when you try to sell it doesn’t help either. There’s a big spread.
Then add the fact that gold was $1,600 per oz in the late 1970’s/early 1980’s. Those dollars were worth a whole lot more then, so inflation adjusted gold had been a horrible investment long term.
If you are worried about SHTF stuff, stockpile ammo. The lead will be more valuable to you than silver or gold.
Agreed