Yea, the gold bugs amuse me also. If the SHTF as bad as many of them think, gold will be almost useless. You can’t eat it and its heavy to carry.
I am not knocking investments, but the ones who really think gold is something useful when a total collapse comes, as they believe.
Especially now that it’s so expensive. Why would I want something that has more than tripled in value the last few years when I can buy survival goods that have risen far less or not at all?
I understand if you’re wealthy that you might have extra $$$ after preps, but honestly you could give me a million dollars and I could spend it ALL on preps. Not a problem. There are very few that have the kind of money to be buying metals.
Actually, (and I cannot attest to the gold bugs' motives or reasoning) buying gold...or converting paper assets to gold...is the tactic best used to allow yourself back in the game after the collapse has 'receded'. Paper money will be worthless. When it is replaced at some point by some other scrip, gold will allow a person to get themselves on a stable financial footing again. For buying and bartering before that happens though....you are right...it's next to useless.