$25,000 Per Ounce For Gold Someday?

Perhaps. But they better be prepared for some serious arguments about the validity of this approach from Dr. Heisenberg as well as one heckuva big electric bill!

As to $25,000 per oz. gold... What do you suppose anyone who was used to $21.67 an oz. or even $35 an oz. gold would have thought about $1780 gold? I am sure that they would have thought it impossible. Consider this... gold was $250 an oz. back in 2000. That was 11 years ago, so not exactly ancient history. Since then, gold prices have zoomed to about $1780... more than a 700% increase. So... what would happen to the price of gold if it were to go up another 700%? We would be talking about $12,500 gold, that's what. If something has already happened, there is no reason why it cannot happen again. Whether or not it actually will is unknown... but it could happen.

Lets say the dollar does chrash....what would an oz of gold actually be able to buy you?

Yeah, and if the dollar has crashed, you might have trouble getting your $999 worth of change on that can of beans if all you have is a 1oz AGE. That is one reason why silver is a popular choice.

Which is probably THE best reason to own gold.

The best measurement of inflation that I have seen lately comes from the shadow stats web site. They are showing 2011 inflation at about 11%. If we use the Rule of 72 in a backwards calculation, it shows that in less than 7 years our dollars will be worth 1/2 what they are today in purchasing power. Imagine the same effect after 20-30 years. That does not make saving up a bunch of dollars for retirement look all that attractive.

This reminds me of the old sci-fi shows where a guy plots and schemes to steal a bunch of jewels. He manages that and then takes them to the future in his time machine, planning to live in splendor for the rest of his days. The only problem is that he then discovers that jewels are no longer rare or valuable. Advanced technology can make pretty rocks very cheaply. They DO have laws about temporal thieves, though, so he ends up in prison. Doh!