The logic evades me, too. It seems to me that if our fiat money collapses, there will only be a few items of actual value, in no particular order:
food
weapons
ammo
land
women
You can't eat gold, you can't sleep on it, or with it. Therefore, gold is as much a fiat currency as paper money in the event of a total economic collapse.
Food and/or the means to get food (land, weapons, and ammo), women, and the means to secure your food, land, and women (weapons and ammunition) have traditionally been the only items of real value when the economy completely tanks.
Right as rain. When things get to the point of a 'Gold' economy, it will actually be a 'Lead' economy, if you take my meaning.
Food, women and/or the means to get food and women, (land, weapons, women, and ammo), women, and the means to secure your food, land, and women (weapons, women, and ammunition) have traditionally been the only items of real value when the economy completely tanks.
I had a teacher years ago who taught me about the real value of items.
He had a simple test: Imagine yourself on a deserted island with the item in question with no possible way to ever get off the island. If that item can reduce your workload to survive or give you sustenance or shelter then it has REAL value.
All else has fiat value.
You forgot whisky.
And coffee - I think that's the #2 commodity, after oil? We don't make it in the U.S. Yeah, I know about hawaii but it's pretty pricey stuff and not much of it.