Invest in guns, ammo, and dry goods. The reason being that you can’t eat gold, and it makes for some really expensive bullets. If and when the SHTF, your gold would be useless to me. You better have something more useful to barter if you want to survive.
AND Arable Land
Add fuel and footwear.
Indeed, I don’t really intend to invest much in non-monetary hedges against inflation that I can’t eat, drive/ travel in, burn, wear, heal with or shoot.
REM: IF this becomes a long-term crisis, you’ll be able to barter decent footwear for food and ammo.
Most sellers who own gasoline stocks enough to sell recognize the sight and value and portability of silver US coins, pre 1964 quarters, dimes etc, and Morgan dollars.
Right now the value of one Morgan dollar would fill up my gas tank. How many bags of rice could you offer a seller as a comparable?
One silver dime today's value will buy a loaf of bread. How much ammo will you trade for flour?
Two golden eagles will pay for a year of community college. How many bags of rice are you willing to offer the college?