Yes, gold would be useless IN the economic collapse.
But that’s not what it’s for. Screwdrivers are useless when used as paint brushes, too.
Gold is for preserving wealth until the recovery.
Gold may also be useful for buying your way out of jail for hoarding or other contrived crimes.
Exactly. And this is a point that too many people seem to miss. Especially those who spout that "You can't eat gold" BS.
Of course you can't. (Well, you CAN but it's non-nutrative). Why would one eat gold when there is plenty of canned goods to eat?
Gold is meant to preserve and protect your major monetary assets until the next economy arises. Then you can buy back in.
That is spot on!!!, I have no idea why people can't understand that. Gold is for reestablishing your self once the crisis/event/zombie attack is over.
“Gold is for preserving wealth until the recovery.”
Exactly. Well said. Many here do not ‘get’ that.
Of course, canned goods, ammo, TP, cigs for bartering and a clean water source are gonna get you through until the recovery phase. :)