Originally Posted by Black Blade
"Gold is the money of kings. Silver is the money of gentleman. Barter is the money of peasants. Debt is the money of slaves."
Gold has always been accepted as "money" around the world for thousands of years. It has saved the Jew crossing a border away from certain death. It was what protected a Confederate southerner from the debt collectors when the paper money went bad. It's what preserved wealth and allowed many in doomed nations rebuild after war and total destruction. Fools will say "you can't eat gold" but gold is not meant for eating - it's meant to hold value so one can start anew and rebuild their lives. It isn't subject to the whims of those who run the monetary printing presses. In the end - It is another tool for survival.
But the world is a different place now, if there does come massive inflation and devaluation of currency the resulting civil unrest will make the LA riots look like a rowdy block party. Look at what happened during Katrina, and that was a relatively localized event, now multiply that 100 times across every major city and large population center across the US (possibly europe and other first and second world countries as well).
I'm not saying that anyone shouldn't buy gold or silver, only that it should be the last thing on the list in terms of prepardness. If you don't have enough food or water to survive through the intial strife, i wouldn't want to count on being able to "buy" more food with that gold. On the same token if you find yourself in the middle of a gun fight unless you have that gold cast into .45 slugs it probably won't do you much good either.
Its obvious from reading some of your other posts that you have all the other contingencies already planned for and taken care of, in your case it makes sense that you should try and preserve your remaining monetary accumulations.
I really enjoy reading your posts and i hope that this isn't taken the wrong way.