DislikedThis is a truly great post in the fact that it points out that not everything needs to be measured in USD. (or GBP for that matter.) The truth is that all things are really measured in gold once you break it down. And he is right - stocks aren't doing s#$t.
I never really did understand the need to own gold in an environment where the USD goes down. Let's say it implodes.....
Would you rather own gold, or wheat?
Of course during Armageddon, there will be morons gathering gold. But if you have to feed yourself, what are you going to do?...Ignored
Probably farm land is the best investment in these times mate. Somewhere that gets a little rain, you can graze a couple of sheep/cows on and also grow some food. Sounds grim but that's the real currency right there. Holding hard grain, soft commodities or gold directly is difficult, attracts much larger holding costs, security costs and is not as practical as it may seem.
You could also just stock up on pain stripper and go round at night bombing houses with ballons of paint stripper hence driving up business that you can trade for goods