As November 8th draws near, it’s time for the end-times cries to grow deafening. It goes like this: If a certain evil candidate is elected, it will trigger the end of the world. Markets will plummet. Infrastructure will crumble. It’s time to build a bunker, stockpile canned goods, and buy gold. Not necessarily in that order, depending on who is doing the marketing.

While the absurdity of this election cycle is in a class by itself, we have survived extreme viewpoints in our candidates throughout history. The odds that this particular election will be the one to trigger the apocalypse are low.

That doesn’t mean the apocalypse will never happen. Just ask the dinosaurs.

But do you imagine gold will help you survive the collapse of civilization? Do you picture yourself buying grain on the black market with gold coins? For those of us in the 99 percent, any amount of gold we can accumulate won’t last long in that scenario.

Moreover, you probably aren’t going to buy gold and store it in a secret compartment behind your nightstand. Instead it’s an asset class that you purchase much like you purchase stocks. I don’t picture that abstract gold, the kind in brokerage accounts, will be marketable when people are looting stores Walking Dead style.

Before the last election, I discussed sensible steps you can use to prepare for Armaclinton or the Trumpocalypse. They aren’t as expensive as gold, and they will be useful should your community experience natural disaster. And the odds for that appear to be increasing at least as fast as financial apocalypse.

Putting aside the end-times for a moment, is there a more immediate value in investing in gold, or any other precious metal? It’s simply another asset – a way to store wealth. Small amounts fit in nicely with the rest of your diversified portfolio.