Gold is fine, but how do you buy one loaf of bread with gold? Should I want to have money available should the real SHTF, I'd have some paper currency on hand and in smaller denominations. Gold would be all right if you were salting away a million bucks, but for everyday use, paper is a lot easier to carry and you do not have to find a corner grocery store at accepts and can give you change for gold bullion or coins.
My $0.02
Grumpy
Edit: Bad spelling corrected.
My $0.02
Grumpy
Edit: Bad spelling corrected.