[quote=investor]Good question. If there was a melt down (a severe lack of confidence) in the fiat currency of the US/ world, only commodities with inherant value would matter.(Food, oil for your car, gold/silver for trading purposes.) [/quote]
I question…err…probably more accurately, dispute, that gold has significant inherent value. Food does. Shelter does. Oil does. But gold? It’s value as a replacement for money is purely a social construct.