FinancialAdvisor's College Class (FACC)

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If the Western Economies as we know it go bust, gold brick will be worth zero. You are better off buying a farm or jewelry. Bartering would take over. This is pure economics at work. You exchange gold for fiat currency and vice versa. In theory if currencies go bust gold cannot be exchanged for currency.

Go and look up history and see what has happened to gold in large deflationary period. No asset is able to hide unless you load up on Grizzly Fund. Second of all you can have deflation and inflation in different assets which has happened a lot of times in history of finance.


If sever deflation happens you will have much bigger problems then worrying about a brick of gold.