Originally posted on 11/29/2013:
In the most dire doomsday scenario its better to hoard oil, guns and gun powder, ammunition, liquor, tobacco, ect. I'm not looking to trade gold bars for a box of macaroni & cheese. The more likely event is currencies worldwide are worth less and less over the near, mid and long term. It won't be that gold goes up as it will be the case the dollar and other currencies decline in value and takes a lot more of them to buy gold, making it appear the price of gold has gone up.