Gold is not much of an investment; it is an insurance policy against inflation but fall short of other investments in that regard (https://www.investopedia.com/articles/investing/092514/better-inflation-hedge-gold-or-treasuries.asp#:~:text=Gold%20is%20often%20hailed%20as,provide%20inflation%20protection%20built%2Din.). Gold is not easy to transport or smuggle, and it is ripe for confiscation once uncovered. Crypto currencies do not have the same problem as gold, but have other problems. There is no certain way to lay up and preserve earthly treasures.
Exchanging the profits from crypto a few years ago into gold and silver turned out pretty well. I still have what I consider to be an obscene return on cryptos.
Every once in a while, I roll some more into metals.
The metals ARE a bitch to move (physically.)
Totally agree with you on that. I also agree that gold can be confiscated just as well as anything else. It’s not a certain thing, just a form of portfolio diversification.