Hm well I just spent my last thousand words talking about how less volatility makes it less suitable for long-term investment. Volatility is also relative. Volatile as compared to what? I have no faith that USD, the thing we use to measure volatility, won't become volatile itself.
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Very good point! Volatility always depends on the benchmark, and if the dollar loses stability, the rules of the game change completely.
One thing I can guarantee is that USD will continue to lose value. USD have lost most of their value during my lifetime, in fact, and while my life expectancy isn't that long, I expect USD to lose most of the value they have now before I die.