FAQ: I am afraid the dollar is going to suddenly lose all it's value ...

FAQ: I am afraid the dollar is going to suddenly lose all it?s value soon, so I am investing in Gold??

? because I know that if I need food, water, etc, and I am trading with someone that has it, they would rather have that piece of shiny metal than food to feed their family with. Agree?

Honestly though, why is it people think that gold is actually a worthwhile investment to store up against total economic collapse? Do they really think that if we have to go back to a barter system for a while (which is most likely to happen in that situation,) that people are really going to covet precious metals instead of things that are important, like food, water, medicine, etc??

I can understand buying gold as a commodity, but doing it to ensure survival in the case of total economic meltdown is just crazy. Yet, every time I hear a gold commercial on television, that?s what they are trying to use as a way to get people to buy it.

goldsenze.com Answer:

Has bill gates and buffett shifted all their assets into gold?

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