If the economy crashed, would gold stocks be worth anything?

Answer 1

I am assuming that you mean a complete collapse of all organized government and economic systems. If that is the case, then No. You would have to actually have possession of gold for it to have any intrinsic value.

If you are referring to a "Great Depression" type of economic collapse, then stocks in gold companies would be next to worthless just like every other type of stock. They might be relatively higher, but only in comparison to other stocks which would have also collapsed.

If you are thinking of using gold as a hedge against stock market instability, you would need to purchase actual gold, not stock in a gold company.

Hope this helps,
Good luck!

Answer 2

It depends, things aren't always that easy to predict. However, a lot of times if the economy crashes and your currency is devaluing or inflation is high, or people loose confidence in traditional savings, many switch to owning gold as a safety net. If people own more gold, gold cost more, gold mines make more in sales and gold stocks go up. But if governments have a large debt and hold a lot of gold out of the system, (and both are the situation right now) they could decide to let that gold back onto the market to pay their debt. More gold on the market, and gold prices go down.