Are gold notes a good investment? Would it be better to buy several 1/4 oz silver coins or a 1 oz bar? I'm thinking of when actually needed as the dollar loses worth not for a collector's item.
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Very good question. I have asked myself this question many times.
My understanding is that having the metal in your hand is the best and only way to do it!
That being said, how many coins and of what metals? I have heard that some gold coins are great (5, 10, 25, 50... what can you afford?) The purpose in my mind is that if shit hits the fan but the mortgage company is still demanding payment, I can sell gold coins for a lot of fiat and pay off the mortgage. I don't know if that will work out that way, but I figured there's no harm in hoping and being prepared.
Silver coins... having more of those (think 10:1 ratio to gold) will be helpful (again, so I've heard) when it comes to local buying and selling of needed commodities for which you are unable to obtain by other means such as trading.
Let me know what you decide. I'm curious.