Quote from: wheelz1200 on December 20, 2019, 03:22:35 PM

Why choose. Buy both, diversifying asset classes is always recommended.

In 30 years of finance study I would say that is the best idea. Gold by itself is a very bad idea but certainly nowhere close to the worst choice but its a very slow moving 'big money' asset. The ideal way to consider gold is with regards to a pension, an old saying used to be to save a gold coin from your National Mint for every year of work you do. A person who saved a gold coin every year would not be a pauper in retirement, over that long period you will buy gold at cheap and high prices but eventually it will just carry forward your labour worth as proper savings.
Here is a chart for paper money in comparison, its not recommended to rely or let your family wellbeing be dependant on such declining worth:

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Giving gold as a gift for the holidays would be a nice thing and probably one of the only reasons to buy gold at all right now.

I was going to do that but giving out ounces of gold is kinda big. Its worth it if it encourages people to save a little themselves over time and they will benefit. I may to wait for a service to open up to make this easier, Im in two minds about giving actual coins as its lower cost margin to just own the gold allocated somewhere.