gold, page-62592

Skol, if the global financial system collapsed how could one be rich from holding gold bars?

To go up in price there must be demand. Are people going to exchange assets to buy gold to sit doing nothing when there is power shortages, supermarkets with empty shelves and no fuel at service stations?

What a bizarre thought! Let's stock up on gold bars (demands is needed to determine price increase) when the world is collapsing around one's ears!

Doc knows you can see the obvious conclusion but seemingly some believe that people will want to use assets for gold rather than the last bit if fuel and bread that they can find.

Skol, you are a rational and sensible poster on this thread don't let the hysterical baying financial illiterates detract from your balanced view of reality.