Gold as hedge against collapse

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I know that many like to invest in gold as a hedge against societal collapse. But when you invest in gold as a digital or paper asset how would that be valuable to you in the event of societal collapse? Would anyone honor your gold ETF or Gold shares? I guess my question is, what’s the point of investing in gold if you think society will collapse unless you are buying and storing actual gold?

submitted by /u/HaggardSlacks78
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