[hinckley buzzard]

The difference between gold and paper is 5000 years of history. Paper has always depreciated to zero, without exception in the history of the world. It is just a matter of time. Gold has not ever done this.

Nobody has used food as a medium of exchange since maybe medieval Africans, despite food's intrinsic value. There is a reason for this.

[gorush]

I don’t disagree with any of your points. I’m just saying that “when you get right down to it”... If civilization breaks down you’d give a lot of gold for a little food if conditions were right.

[BfloGuy]

Nobody has used food as a medium of exchange since maybe medieval Africans, despite food's intrinsic value. There is a reason for this.

Yes. Food may, indeed, be handy for short-term trading but if your money tends to rot if it isn't eaten, it's a lousy way to store your savings.