> In the event of a banking crisis gold has no value because you can do pretty much nothing with it and it's difficult if not impossible to exchange in any mean

> In the event of a banking crisis gold has no value because you can do pretty much nothing with it and it's difficult if not impossible to exchange in any meaningful denomination in most situations of a modern economy. History shows us otherwise. Every financial collapse or crisis has eventually ended, gold liquidity eventually returned, and those who'd held gold instead of paper assets weathered the storm exceedingly well.