If the collapse doesn't come say in 20 years, you start eating your food. No lose at all.
That must be new math. Not trying to be captious but if you eat your "investment" that's a 100% loss.
All paper and electronic money is fiat money even if it's backed by gold.
True but totally irrelevant unless you buy paper. Physical Gold is not fiat currency.
My point is that investing in gold at current prices is a high risk investment
I can't say your point is moot but it is a bit myopic. In a worst case scenario physical Gold will have value, your Vanguard fund .....not so much.
Many stocks are at all time highs. Bond funds are very risky at this juncture. In either event I do appreciate the humor in your desire to overlook the fact that I wouldn't buy bonds or Gold here.
The only thing I see as truly obvious is that some folks learned very little over the last several years.
