"Industrial shares produce useful products and services and pay dividends, gold does nothing."
Argh.... Gold can and will preserve wealth when the situation changes....
Question I put to you Skol... Do you have Life-health-contents-pet-car insurance??? I suspect you do...! So that would imply you expect something sinister to occur... Similarly Wealthy People own physical gold for many personal reasons... It may not provide a dividend but neither does insurance...