A lot of people buy gold thinking the value of gold will go up or that it will be useful if the government collapses, but there is just not much truth to these ideas. For example if something happened that made the government collapse than people would not want to waist resources on soft metal like gold. Things like food, steal, clean water and gas/diesel would all be more valuable. The reason gold is not going to go up much is that even though there is a limited supply of it, there is one reason younger people are not buying as much, is that it's kinda ugly compared to silver and other metals, especially on a lot of paler skin tones. Think for example, how many celebrities on the red carpet ware silver iced out chains, now think how many had gold jewelry at all the only reason people bought it more than silver in the past was because it was more rare and they wanted to show off. even though the price of gold will likely go up a bit in the future you would be better of buying stock or really anything else.