“Gold and or Silver is the option” .
I do agree with this to a certain point-—It’s impossible to pay bills with gold or silver coins. I do have a “savings” of both-—but where do we draw the line? 1% of our total portfolio? 10%? 50%?
Please do not take my response as being critical, I want to know as to prepare.
All one can due is limit your debt to what is absolutely needed, like a mortgage, then if it all goes south try to at least maintain enough currency to pay that (exchange gold at real need etc...), the rest barter / grow/ work for.
“It’s impossible to pay bills with gold or silver coins.”
What about “All debts, public and private”?
Many folks I know would be glad to take Gold in payment.
Especially for depreciating hard assets like used cars and other equipment.