There's a real world example of the type of major financial crisis that gold-bugs often talk about happening right now, in Venezuela. If you really want to know what gold will be worth in a crisis, get on a plane and go to Caracas and see what you can buy for an ounce of gold.
If you're lucky you'll get a few days worth of food, if you're not you'll lose it before you leave the airport. What sort of insurance is that?
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