Pete, the shite will hit the fan, so Your scenario is unlikely. Economic History would have to re-write to avoid it.
Gold will be Centre-stage when the SHTF. Gold and silver will be your only protection from financial destruction.
If you don't believe that the crash is coming, and that gold will back currencies after the crash, you have no reason to buy gold or gold stocks. You must believe, like Skol and his acolytes, that gold is ultimately going nowhere.
If you believe, as I do, that the crash and a return to gold backed currencies from the ashes of the failed fiat money experiment is inevitable, then you know that being debt free, along with gold and silver and emergency cash, all in your possession, is your best protection.
Yes, at some point some or all the PMs will need to be converted to currency. That's part of the deal.
23.
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