China is the world's largest producer of the precious metal, but of late its central bank has been buying up large quantities. So what is it doing with it?
US Treasury bonds: if the US government fails you’ll have bigger problems than money. You don’t need to worry about that scenario. You’ll win the lottery first.
Pay off a loan: by paying off your principal early you can guarantee that you pay less interest in the future.
Buy something that saves you money: if you like cooking, an herb garden will save you a lot of money. If you like sweets, baking equipment will do the same.
You can get a guaranteed return in many ways.
The first is not guaranteed, the others are savings not returns.
Savings are better than returns because they are legally tax free. A penny saved is worth more than a penny earned.