And they've also found that gold is pretty worthless for wiping your butt - or even buying Spam.
What you say is absolute truth.
But if you were displaced by calamity, with your home lost to disaster of any sort, do you wish to carry your wealth to your new location as rolls of toilet paper? Cans of spam?
You could carry enough gold in a pants pocket to comfortably relocate and set up housekeeping almost anywhere on earth.
