I mean, each to their own. I don’t understand how anyone can look at that chart, and look at, say, an S&P500 returns chart (or an MSCI World chart if you want some more diversity) and say “yes, gold is a good long-term investment”, but you do you.

(NB. Gold enthusiasts will sometimes try to cloud the waters by comparing gold to, say, S&P500 price only (ie pretending dividends aren’t a thing). This honestly still doesn’t leave gold looking very attractive, but it’s also dishonest. To compare like with like you want to look at S&P500 with dividends reinvested, and at that point gold just isn’t even in the running.)