Comment: With all due respect,

With all due respect, watching your video was almost painful. What you fail to understand is that gold, contrary to what the Bernank will tell you, is not just a commodity. IT IS MONEY. It was money many hundreds of years before the dollar existed. Part of your problem is that you can't separate gold from its nominal value in dollars in your own mind. Imagine that the dollar completely disappeared tomorrow. Values between gold and other items would be established. A gram for a gallon of gas perhaps, or an ounce for a car. Who knows? The market will establish these values. The point is that a hyper-inflated dollar would become the equivalent of no dollars. Gold and silver, and perhaps other items, will take the dollar's place as A STORE OF WEALTH AND A MEDIUM OF EXCHANGE. Just because there may be a financial collapse does not mean that we'll all be too stupid for the concept of money on day one. As a matter of fact, in such a complex society as we live in today, with people making a living in so many different ways so far removed from sources of food and basic necessities, money of some kind (and there is a world wide consensus that gold and silver will be the fallback currencies) will still be as imperative as ever. You are indeed correct in your assertion that stored food, water and other basics will be valuable, but you are shortsighted in not seeing that gold is invaluable as a store of wealth that is easily stored and managed. You are also right that gold is not an investment. It is hopefully a carrier through to investments to be made in a once again sane world on the other side of whatever disaster we may encounter.