So, when society collapses, and some folks have a few small bars of gold stashed away in their basements, how will bartering with that bar of gold be accomplished?
I can imagine a gold coin will have some small nominal value, say $100-$200, but a solid bar of gold will be very hard to break apart. What's a poor boy to do? I certainly don't think it's a wise idea to trade a small bar of gold for a loaf of homemade bread. How will that transaction be completed?
Yea, I know some redneck gold hoarders will step in and roll their eyes at my question because they've already broken their bars down into something, but please tell me what that something is.
Thanks.
Gold bars are not the best for the average person....much more oriented to investors than prepper/stackers. Use fractional gold, silver Eagles and "junk" silver if you are saving against the possibility of economic trouble. You will pay a higher premium for the gold fractionals, but if you are concerned with being able to use your stash, they are better. If you have gold jewelry you need to know conversion rates for weights