If fiat money does fail, food will be in short supply for the reasons I gave and because food is an immediate necessity, it will be far more valuable than gold in the chaos of an economic collapse.
If your doom and gloom scenario does come true you won't be selling your food supply either making it less "valuable" than Gold. An Investment is something you expect to sell or profit from. I would never sell my food supply in that scenario (and no one would buy it in any other event) but I would gladly trade Gold and Yes I'll be happy to sell Gold at 5K an ounce!
As far as Gold not keeping up with inflation any one can manipulate a chart in hindsight to prove a point. Now show us a chart for Gold for the last seven years and tell us again that it hasn't kept up with inflation. BTW how did Gold end today?
I got a good laugh when I opened the current issue of The Vanguard today and had a look at your selective cut n paste post on TIPS.
