Gold is not an investment: there are certainly more profitable things.
But "real" gold, I mean bullion and not certificates, is still the most solid and lasting thing that humanity has ever produced.
So, it's always better to keep somewhere a little bit of gold. Just in case...
I couldn't agree more. Only buy gold that you physically have control over, these certificates don't mean anything if we go through a major crisis. Gold has always had trade value since humans started civilization.