This may not have been true from 1982 - 2000, but it definitely is true today and will be true as long as central banks are aggressively monetizing debt ("printing money") and devaluing their currencies.
Gold has been money for thousands of years. Why? It serves the needs and self-interests of merchant and consumer, king and subject, saver and spender.
Similarly, gold serves the needs of a well-run and responsible government by encouraging commerce, savings, and capital formation with stable, reliable money. Commerce creates economic and political power, so more profitable commerce helps create stronger economies and more powerful countries.
Gold retains its value and consequently savers and consumers can trust that their savings, if invested in gold, will preserve wealth and purchasing power. ...