Reply #12: Exactly. If you think it is complete collapse gold is worthless. [View All]

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Even if gold did have value it will be taken by people smart enough to stock up on guns. In a complete collapse it is back to "might makes right".

So if you really really really think the entire system collapses. Take out new mortgage on your home, max every single credit cards for cash advances, sell all stocks, cash out all retirement funds, and pension plans, etc.

Take all that money buy some property out in middle of nowhere. Get a group of people you can trust (20-30). Make sure you got a solid well (water), some PV arrays (power), plenty of forrested land (for lumber, firewood, and clearing to grow crows). Sink the rest of your money into a year's supply of canned food, plenty of guns & training to use them, lots of ammo. Would be smart to also have a large tank of diesel and ability to make biodiesel in the future.

In a complete collapse the ability to be self sufficient and have enough manpower/firepower to ensure someone else doesn't take it is smart. Having a bunch of gold in your safe while you die of thirst or your family gets attacked by gangs is plain stupid.