I feel like the “gold dystopian hedge” scenario isn’t a full on dystopian hedge, but a sort of threading the needle of not quite dystopia but still kinda bad hedge, given that if things were really bad i would doubt anyone gives a shit about gold. Fresh water, canned goods, guns, and gasoline would all be of higher desirability and nobody would give a shit about gold.
Discussion
Totally agreed with you there.
"Particular types of dystopic" was doing a lot of work in my initial note.
Basic preparedness, physical health, good social connections and basic homesteading know-how seems to be about the best the average non-bunker-having-lunatic can do in the way of reasonable hedging (in the SHTF category)
I totally get it. There’s certainly a hypothetical use case and allure to having small amounts of precious metals.
I’ve got some nice old silver coinage and while it’s really not much, it is easy to see how far fiat has fallen.
Take an old quarter or half dollar with high silver content and hold it up against a newly minted chuck e cheese quarter and it’s stark how light and fake new coinage is.
Yes! I know exactly what you mean and have had the same experience