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?
For a complete collapse:
Cash is good for 2 weeks at most after complete economic collapse. You might be able to trade gold and silver with certain people, but hauling around gold nuggets isn’t practical nor does it off any intrinsic value during a collapse. Metals really only have value in a functioning economy. Ammo and food are the only true immediate forms of currency.
For a massive downturn: yes gold and silver are good to have. I’d say whatever liquid cash you have, take a fourth and buy metals. And call it a day.