A US dollar is an IOU from the Federal Reserve Bank. It's not backed by gold or silver. It's a promissory note that doesn't actually promise anything.
If the world does well, gold will be fine. If the world doesn't do well, gold will also do fine...but a lot of other things could collapse.
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.
Coin collecting is a hobby for boys, an investment for fathers, and a windfall for grandfathers.
I like gold because it is a stabilizer: It is an insurance policy.
Commodities such as gold and silver have a world market that transcends national borders, politics, religions, and race. A person may not like someone else's religion, but he'll accept his gold.
Gold is forever. It is beautiful, useful, and never wears out. Small wonder that gold has been prized over all else, in all ages, as a store of value that will survive the travails of life and the ravages of time.
Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold.