To hold hold because a world reserve currency like the USD will...

To hold hold because a world reserve currency like the USD will become worthless may not be that far fetched I think, given what’s happening in the US with their deficits....China wants to be in a lead position as replacement of the dollar with RMB and I think their gold holdings in the long run will do them good....their reputation as an open economy is in question at the moment and I think and that’s the reason their recent move to allow investors to use RMB to trade oil that was backed by gold was not that much of a success...I know some folks who keep physical gold in the form of coins....they say it’s for the “doomsday” scenario....literally mad max thunder dome type of situation. They are very well educated and have made pots of money in the market and are definitely not the “fringe” type of folk.....I am happy to hold into gold producers at the moment.