It may be around 40K, but it still only buys a Kia Telluride on a good day. I bought most of my gold before 2020. I sold a maple last year at 2600 and bought it back as an eagle at 3k. Gold had been screaming at me since 2015ish that it was undervalued at around 1000-1300 an ounce. I never trusted bitcoin. I tried mining it for giggles in 2010 before deciding it was a waste of electricity later that same day after getting nothing. I really stopped paying attention to it after mt gox fiasco. Oh well.

Anyway, I'm like a stage 5 doomsday prepper in his 40s for reference. I believed the world was fake, gay, and going down since the late 90s as a teenager. I was expelled for basically scaring the shit out of everybody, and I graduated from an adult ed program at a high school i never really attended. I did a class project senior year on the threat of global terrorism and how it would eventually destabilize the entire middle east resulting in WW3- close enough call for back in '99. The early 2000s quickly cemented my views on our future both socially/culturally and economically. So yes, gold was a no-brainer once I could afford to buy some here and there. I'm at the stage of acreage/farming/homesteading though and gold is only ever really an insurance policy. I have most of what I need on my property to survive.

The older I get thought the less I believe in collapse. People are just too god damned stubborn to not try to have some orderly structure in their life- it could be a bombed out hellscape and people would still go to work and pay taxes. I guess at least prepping gives more options if it comes to that.

Good luck to you zoomies. When you decide to just take housing by force remember I'm not a boomer and please be gentle.