Someone I know was trying to educate people on the merits of converting dollars to gold or silver. He's been going on about this for over 5 years. I didn't make any comments at the time, because I like to inform myself first. I looked at some charts of the values of these metals over the past few years- Gold went up around 2012 for a bit, but then it dropped dramatically. It is slowly making its way back up to 2011 levels. Silver went up in 2012, but has dropped sharply and has not recovered since. Conclusion: had I invested in silver in 2011 or 2012, I would have less money now. I get that investing in markets has its risks, but the idea that our currency is at risk or that we should convert it seems a little absurd. The car I bought brand new 5 years ago costs more or less the same now. My rent has only gone up 5% total since I moved here 5 years ago.. My point is the value of the dollar in real expense terms has more or less stayed the same. Am I missing something?