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You're right... Gold never loses value. Except in the late '70s to '90s when Gold more than halved it's value.
It's reached it's peak that it had back in the '70s... which means if you bought Gold in the '70s you would have a 0% profit margin after 30 years! Or how about Palladium that lost 80% of it's value almost overnight in '01. You're right... gold has never been worthless. But to say it's never lost value could not be more incorrect.
Hell at least buy platinum where it lost 66% of it's value after '08 and has been climbing back since. Never buy shit at the peak... you'll only be sure to lose money. You know what the "Buy Gold!" people call those that actually buy gold because they were told to?
"Dumb Money".
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"Smite the rocks with the rod of knowledge, and fountains of unstinted wealth will gush forth." - Ashbel Smith as he laid the first cornerstone of the University of Texas
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