You bet.
Fact is, in real bad times, ya couldn’t swap a chunk of gold for a ham sandwich or a gallon of fuel.
One of my concerns with gold is just that.
In a time of crisis why would people swap anything for a piece of gold? Since they’re not used to it being “money”, why would they suddenly swap something of real value to them for something they wouldn’t know how to use?
And if its market or inflation ups and downs that a person is trying to protect himself against, then these same people have to admit that gold also goes up and down.