I’m oblivious for not getting the “zing”? With all due respect, doesn’t your explanation make my point? Gold is just an object. Yes, it is pretty, and also makes people kind of crazy.
An ounce of gold generally just maintains purchasing power.
But hey, I’ll admit, that for a portion of someone’s entire net worth, that is necessary/or one way of doing it?
I'll grant that you are (by your own account) a Financial Super Genius. That you have an extreme knack over the past decade or two of putting more and more digits into the electronic ledgers.
I would only humbly suggest that you study history a bit more broadly than the past decade or two, and gold's lasting value as a store of wealth may be revealed to you.
Say, 6,000 unbroken years of human history, as opposed to a couple of decades.
(Hint: There is a reason why Germany doesn't use the Weimar D-mark any more.)
Need more? How about former Fed chairman Paul Volcker? About two years abo he said that there is a 75 percent chance of a dollar crash within the next five years. (Three years to go by my crude math.)
Now, I realize that you are a lot smarter than Paul Volcker, but maybe he's not a complete moron like the rest of us non-Financial Super Geniuses here.