[Southack]

"Put another way...folk will always take gold and silver."

No, they won't always take it.

They didn't take it when Hurricane Katrina blew New Orleans away last year. Instead, people there traded beer, cigarettes, and ammo. No one took gold. No one.

And as someone who physically panned for gold as a youngster, I can tell you firsthand that you can't just take your ore to the local supermarket to exchange for food.

In fact, try this: go stand on a busy street corner and attempt to sell or trade a pure gold watch.

You'll be shunned by all who pass by.

Gold is an ugly yellow metal that has value only to a few million hucksters...in the real world it means nothing.

Try paying for your supper at a restaurant with gold bullion and you'll see firsthand that gold is disdained by society.

What people want in times of civilization is cash money; in times of chaos: ammo and beer.

[Jim Verdolini]

"They didn't take it when Hurricane Katrina blew New Orleans away last year. Instead, people there traded beer, cigarettes, and ammo. No one took gold. No one."

Do you have any proof of that? I know holders of bullion rode out the fall of the mark very comfortably indeed.

"In fact, try this: go stand on a busy street corner and attempt to sell or trade a pure gold watch.You'll be shunned by all who pass by."

Because everyone thinks the watch is a fake, not real, a sham. Take that same watch to a jeweler and you would get thousands.