[ol painless]

Gold is good as a hedge against inflation, not as a long term investment. Even if our monetary system collapsed gold will still have value.

[rhombus]

Even if our monetary system collapsed gold will still have value.

Not as much value as guns and gasoline.

[Anitius Severinus Boethius]

gold will still have value

Only because we give it value. It is fiat yellow metal!

[RightWhale]

Even if our monetary system collapsed gold will still have value.

If the money system collpses we will be having worse problems. Anybody with gold will have a target painted on his forehead as far as the class of beggars, thieves, and tramps are concerned.

[Mad Dawgg]

"Even if our monetary system collapsed gold will still have value."

Doubtful, a very wise man taught me along time ago that you can truly measure an item's worth by subjecting it to the "deserted island test" if it would be useful on a deserted island to survive then it has "real value" , otherwise any value associated with an item is subjective at best.

[1Old Pro]

Gold is good as a hedge against inflation, not as a long term investment

Yes, which is why prudent invstors might have 3-7% of assets in gold, but certainly NOT 30-70%.

[Iscool]

Gold is good as a hedge against inflation, not as a long term investment. Even if our monetary system collapsed gold will still have value.

That's right...Gold is always worth something...Stock is sometimes worth nothing...

[redgolum]

If our monetary system collapses, a better investment would be in steel, lead, and copper. Preferably a nice Kimber with reloading supplies.