Gold Does Not Pay Interest; Neither Does The Dollar

The knock on gold is that it does not pay interest. However, as Turk points out, the US dollar bears no interest either. Nor does the Australian dollar, the Loonie, the Euro, or any other currency. Currencies only bear interest if you loan the money out, thereby converting the currency into a financial asset.

Exactly. Gold is a substitute for the cash (or savings) portion of your holdings, not investment. However, most normal people over-invest and should be saving more rather than attempting to be little Warren Buffetts... and failing horribly to do so by placing their money in systematic "sheeple"-shearing operations like equity mutual funds, real estate, or the late stages of whatever the Fed-sponsored bubble-du-jour is.