FlashInThePan
Member
SilverDJ said:FlashInThePan said:Holding some cash reserves is definitely wise including currency from other countries. Does it not follow that holding gold is not a similar play that has merit as a hedge.
I'm not talking about a hedge, I'm talking about surviving and being able to pay for things when SHTF, a classic dream scenario for preppers and many stackers.
Your gold and silver is next to useless in such a situation, hardly anyone is going to take it!
Bringing this back more on topic, the Perth mints going to be around for a while. Well unless their policy changes in denying gold in exchange for cash/digital units then you may or raised a point of concern.
As much as the SHTF peppers are perceived by some as a little wacky, the idea you will not be able to cash gold (as above) is a little out there for the well adjusted.