Is gold a good investment?

Encyclopedia of Opinion

Question: Is gold a good investment?
Position‹2 of 3›: Yes. Gold is a great investment

This position holds that gold is a great investment. It argues that gold preserves value against inflation, that it has served as a reliable store of value for over 4,000 years, and that its stability and durability will outlast every paper currency.

Supporting arguments · 2

Gold has been used as a reliable currency for over 4,000 years
All paper currencies have eventually ended up worthless and replaced by other newer paper currencies. Gold, on the other hand, has been used as money for 4,000 years. If you hold cash in your portfolio, you should hold gold instead.
Gold is stable, durable and malleable, and will outlast all other currencies
Gold does not dissipate into the atmosphere, it does not burst into flames, and it does not poison or irradiate the holder. It is rare enough to make it difficult to overproduce and malleable to mint into coins, bars, and bricks. Civilizations have consistently used gold as a material of value.