Yes. I would rather have 30 or 40 pounds of gold, which I can carry with me if necessary, than 30 or 40 tons of ammo which I can’t. The gold is not for short term barter, it’s for long term wealth preservation. Food, fuel, and firearms come first of course, but at a point their value per pound is too low.
“The gold is not for short term barter, it’s for long term wealth preservation.”
That much is definitely logical, though how much wealth it would preserve is debatable. And it does make you a target.
“Food, fuel, and firearms come first of course, but at a point their value per pound is too low.”
Their value will change dramatically, as would gold. It is amazing how valuable a can of beans gets, if there is only one. And bullets are only ‘cheep’ if they can be replaced. What if a couple thousand rounds was all you and your family had, with no expectation of more being made? Value skyrockets.
And as always, it would depend on the even and the type of recovery. A sufficiently sever event would kill off massive amounts of our population. And that would make any trade worthless. As I’ve said, all the trash of our world would be left.
And in the middle of an event, I would not trade life sustaining goods for gold. Survive first, then worry about striking it rich in the POTENTIAL recovery. Some events won’t allow for any recover in our lifetimes, or even centuries. A massive die off would be such an event.