Can’t eat it. Spam is a better investment. I was able to get a couple cases yesterday.
Gold has had its day ~ more recently the discovery of “super atoms” suggests that gold can and will be counterfeited successfully ~ in large quantities.
At today’s prices, gold is still a good piece of the puzzle. I would never put all my options into any single basket, not even spam. However, disasters are not instant and do not happen in a single step.
Three things gold does. First, it has always been the mark against which currencies measured, therefore in the event of hyperinflation, gold will keep pace. Second, it is a compact, alibi heavy commodity. Third, gold has no shelf life.
On the negative, gold does not have much value in a total collapse, until some order gets reestablished. It temporarily looses value in deflation (emphasis on temporarily).