As money and wealth take diverging courses, some say it's a good idea to have money in the form of useful items or commodities. When currency experiences rapid devaluation, physical items become more expensive. Inflation can be seen in everything from pizza slices to used cars. Since gold is easily stored and doesn't decay, some people consider gold a good store of wealth. However, it can't be eaten nor will it keep anyone warm. The quantities available are often so small, it's impractical to fabricate anything practical out of any given sample. In fact, it's hard to tell if any particular sample is real or not. For example, the nice looking nugget on the right is "fools gold". For all these reasons, gold's main value may only be that it may be able to be pawned for federal reserve notes. Why is this important? Right now, federal reserve notes are now the only thing that can directly retire property tax debt. As annoying as property tax is, it's the only thing preventing your local sheriff from legally looting your home.
When it comes to SHTF buying power, witness what happens in post-hurricane zones. Gasoline and food have more buying power than gold. So, in my opinion, instead of waiting for someone to make off with your precious gold bars during a crisis, cash it in now and start a business instead. With almost any product or service, if you focus on quality, you'll have a market since there will always be people who want the best. It could be the best beer, the best donuts or even the best buggy whips. In the past, I have been constantly amazed at how people make money in the strangest of markets - and that was before the Internet!. As an individual, having the ability to produce the best of most anything can mean making a living serving the tiniest of niche markets. Then, if you wish, you can trade your skills for gold..
If you decide you absolutely must have gold in spite of it's inflated price, consider this article.
http://shtfschool.com/category/trading/
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