[Perseverando]

Just look at Venezuela. People would take wheelbarrows of cash to the store for canned goods, come out, and people would leave the cash and take the wheel barrow. I just don’t see gold being of any use.

If you are hungry enough, a can of beans is worth its weight in gold.

[DesertRhino]

That’s really a false analogy. If you are in Venezuela and trying buy a can of beans with a gold coin, you’re an idiot who never prepped. Only an idiot stashes gold for use DURING the hard times.

Gold is kept hidden quietly away during economic collapse, and then used to rebuild your life when hard times end. It’s a store of value.

Right now, we spend around 4.2 trillion a year, and bring in 3.3 trillion. Important elements in the world that despise America are finding ways to move away from Dollar based trade and the Petrodollar. The Saudis, Iranians, Chinese, Russians, etc.
If this movement continues and gets smarter (it will) then we will experience a dollar collapse. It would be nice to have a portfolio of gold to rebuild your finances when the dollar goes the way of the Continental and the Confederate dollar, or the 1920s Mark, etc.