How Long Before You Moved Into Gold?

I collected a little growing up, just pocket change from the adults. When the 1984 Olympic coins came out, I got the three coins. That was my first commemorative coins and my first gold coin

Indeed so, Sam... and the real heck of it is, a lot of this is just a best guess approach to answering a very difficult question without a lot of data to back it up. Since a lot of this involves the future, which is both unknown and unknowable, making some educated guesses is about all we really can do. It would be great if there was some way to make this much more accurate but there does not seem to be such a method. Instead, I am thinking that it would be a lot easier to have less than we need than more than we need, so will be stacking as long as I can.

I do want to own some gold at some point, though... spendy as it is.



Yes, WHOA, indeed.

Another calc I tried showed that we would need about 4700 ozs. to support the 8 of us for 3 years. That is a LOT of shiny stuff! Don't know if I can manage that or not, thanks to other expenses.

The good news is that we are shopping for a nice 5-10 acre place in the country where it will be possible to have a LARGE garden, fruit and nut trees, poplar trees for firewood, some chickens, and some rabbits. Hopefully, a neighbor will have some cows and grain and we can do some trading to fill in any gaps that we both may have. If so, then we would need less silver for buying food.

I did not include my parents in this evaluation. Both would be most welcome, of course, but they are in their mid-80s now and not in the best of health.