Gold is a good way to fight the effects of inflation generally speaking, and I encourage folks to hold at least 1-2% of their SAVINGS in gold (savings only, gold should not be used as an investment vehicle, but merely a way to reduce inflation on their cash savings), though 5-10% is more ideal in my opinion. But it is so manipulated with paper shares these days that gold only marginally protects against inflation now, especially after you factor in the losses from premiums. Folks should also hold at least part of their savings in either BTC/ETH and/or a stablecoin parked in DeFi earning interest.

Personally, I do all of the above. I keep around 1% of my savings in gold, some in stablecoins earning interest from staking and LPs, a large % saved in BTC and ETH, a few % in my baml account earning 0.01% interest, and 2-5% in PHYSICAL cash, as I use cash for payment to protect my financial privacy.