/biz/ - Business & Finance

>buy gold
>pay premium over spot
>if you need to sell it at all in the next decade, you lose because you're selling to a dealer (you won't ship some 2k gold coin on ebay knowing it'd be easy to get fucked and you probably still lose after PayPal and eBay fees)

Physical gold only makes sense under the conditions:

1) collapse is near and imminent
2) you already have a prepared compound to survive the anarchy
3) you believe you'll survive through it long enough to be alive in the rebuilt stable economy where your gold would be traded rather than the worthless currency of the previous collapsed government.

Given that the US Dollar's demise is dependent upon the demise of the US Government, and that is dependent upon the military defeat of the US by another major power, and that would be dependent on a nuclear war, gold is stupid, and cash is king...

... in our lifetime, anyways. The only person who should be buying gold is someone with 9 figures net worth and children, because they'd be the ones possibly needing the gold. But if you have kids now, they'll likely end up LGBTQ, so they're just going to lose their gold in some post-apocalyptic gay bar.