Gold has managed to hold its value since forever.
And people think its a bad investment because it doesnt produce anything. Well I think it does. I'm normally a highly rational person but i secretly think gold is magical. Like it actually has magic powers and by owning the gold you control those powers.
Although there is a valid point to be made in that there are no tangible dividends paid from owning gold - but if you have a balanced investment portfolio you'd understand that a defensive position in something that has held its value since forever is worth forsaking a little extra.
Especially when it goes up alongside inflation.