Gold and Silver for wealth preservation

Preservation of Wealth is all about the accumulation of assets against the dangers of fiat currency, inflation , Gold is for Real Wealth Preservation , how difficult economic calculation is when the unit of account is unstable and the price of money, interest rates, are distorted and centrally planned, not reflecting real free market supply and demand.

If we consider that a gold coin is worth around $2,000 or so today. Then we can get an idea of how it could work again to carry gold/silver. Lets say gold is valued at $10,000 someday. That would mean that small fractional coins would be very easy to carry and worth a great deal of purchasing power. Instead of carrying around $100 or $1,000 notes we could carry a couple small coins. Each merchant has a scale or scanner to verify the gold. Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)