In the Great Depression, people ended up selling their jewelry and other heirlooms for pennies on the dollar. And now, people have a lot more jewelry to sell. Even poor people often have a lot of gold jewelry these days.
The Argentina collapse guy recommended gold, but said to get cheap gold wedding bands. Since you got the same amount for a cheap wedding band as you did for a heavy investment gold coin. Plus, it draws less attention.
The Yugoslavia collapse guy recommended against gold. He said it was useful things that were valuable for barter: cast iron cookware, headlamps, soap, shampoo, toothpaste, cosmetics. As bad as it was, hungry people were willing to trade a meal for toiletries. Because they make you feel human.More stuff to stock up on here: http://www.theoildrum.com/node/4109#comment-356636
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