You can't eat gold, and the people saying it is worth more than fiat are selling it in exchange for fiat, which seems against their claims. When fiat collapses, why would people value gold?
I always felt like if fiat really goes down it'd be better to have a well stocked cabin away from population centers than a hoard of gold in a wasteland swarming with hungry/angry ppl
A lot of Mises/Rothbard types fantasize about the great collapse of society and think a stash of gold will make them kings of the economy that emerges from the ashes.
