Buying Gold

People are buying gold, and there are way too many speculative reasons for it.

Some people see it as the one thing of value that will endure after everything falls apart.

Well, as I said to my niece's husband at Thanksgiving, that is a fairy story; if and when everything falls apart, you won't need gold: you'll need guns, ammo, and gas.

If you need food, you'll use your guns to pay for it, not your gold.

I said it would be Mad Max in Beyond Thunderdome, not The Coming Economic Collapse.