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Oh, 100%. Gold is perfect for people that wish to avoid the stock markets. I even have a few coins myself.
I just find it ironic that if we ever needed to use our gold as a curreny, we would be fucked.
Just did the math - for all mined gold in the world (~200 thousand tons) at 9 billion people, that would give us 22.4 grams of gold as currency / personal property to spend at any given time, if no one on the world had any "savings". Considering that a 100 K EUR would already buy ~1.37 kg of gold, that's a bit of a mismatch...
This seems like a good post for a math sub for sure.