For millennia gold has been used as money, a store of value. However gold
is a better money then a currency because it better keeps its purchase power
with time. In fact if 50 years ago you could completely dress yourself with
100 grams of gold then today you still dress yourself with 100 grams of gold
which is not the case with any currency. Effectively if 50 years ago you
could dress yourself with 50$ today it is not enough because on inflation
It is a very safe way to store your money, because gold doesn’t run the risk
of inflation and you can also get profits when gold grows up.
Gold
is a better money.