Agreed with one caveat--I am not inclined to think gold a good idea. On one hand it has never been worth zero, but I am concerned that its lack of direct usefulness will make it a poor form of wealth storage in an environment that likely could be precipitated by the perfect storm we have brewing since you cannot eat it, wear it, or use it for protection.
I never did get the whole "you can't eat gold" thing. How is a dollar bill directly useful? You cannot eat, wear, or use for protection a dollar bill either, but it's what the gold (and silver) will allow you to buy/barter for after people figure out that the whole "full faith and credit" of the US government ain't worth a hill of beans under the rule of a sociopathic printer.
Kinda funny how thousands of years of human history has shown that gold/silver are the default currency (along with force) after the fiat has been destroyed.