There is a lot of discussion about the importance of owning gold and silver in the form of coins/bars in your physical possession.
And there are a lot of resources to consult on this topic.
But for the life of me I cannot seem to find a level-headed answer to this question: If my personal situation is X, and the US$ hyperinflates and/or economic system implodes (planned by WH's) such that an ounce of gold rises to $Y in value, how many gold coins do I need to survive for Z months?
Obviously there are a shit-ton of variables in that story problem. So there is no easy or perfect answer.
But is there a formula to use as a basis to begin answering this question for your unique situation?
I trust Anons... what are your thoughts, assuming you would ever be able to retrieve the gold that fell out of your boat into a deep, deep lake?
Think of it like this. Silver is $23 an oz. So holding 1 coin gives you aprox $20, maybe more depending on sevarity, desire. What gets you $20 in the store? If we get to the point that cash is gone, and silver is your barter, then you have $20 worth of silver in your hand. How far will you get?
Now think about this one, complete society collapse and we are living in a mad max world. Will that coin mean anything? Food and bullets become more valuable.
Precious metals depend on a society for it to be worth it. Once society collapses, precious metals become a worthless. I dont believe we are headed towards mad max, but i do believe we are headed towards financial collapse. Ask yourself, how much do you want to hold to make yourself comfortable? And in the off chance silver and gold go to zero, do you have enough food and bullets?
Find the balance. There is no wrong answer. Just dont put your eggs in 1 basket.
After the financial collapse, Gold and Silver will be worth tons of money.
I agree. But post collapse, pre revival, that time between would be bad. Not mad max, but bad.