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[quote=Anonymous]Agreed with the others that gold is pretty pointless.  It is pretty, but the intrinsinc value is limited to making jewelry and some electronic components; there will be no market for either if the dollar collapses.

It's also impractical as a medium of exchange, as it is heavy and unwieldy, and the purity needs to be determined by an expert.  (For the poster who mentioned Bitcoin--that is also impractical as a medium of exchange, as the transaction times are measured in hours.)

If the husband simply _must_ buy physical gold (being aware of the transportation, purity, and security concerns), then put some fraction of your savings into it.  Maybe 1/3 to 1/2 at the most.  That way, you won't be totally screwed if (when) the gold thing fails.

If you are genuinely concerned about the collapse of the dollar, then my suggestion would be to become as self-sufficient as possible, in order to minimize your use of dollars.  Buy a farm, plant some crops, raise some animals, and learn a trade that will always be in demand for barter.  Given the unlikelihood of the dollar's collapse, this is probably not a great plan (assuming that you have good jobs now), but it is more likely than a gold bar to prove useful in feeding your family.

My own opinion is that the current US debt level is irresponsible and unsustainable, but that the collapse of the dollar would be so disastrous for the world that it will not be allowed to happen, at least not for the next few decades.[/quote]

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