I agree, it’s much better to use silver during a crisis. Drawing attention to yourself with gold could be fatal. If you have not read “Ferfal’” essay on urban survival, you need to google it. It’s about the economic crisis in Argentina circa 2001. He said that black markets arise spontaneously, but if you paid with gold, too many people would notice and you would be subject to robbery or home invasion. He suggested buying up pawnshop “junk gold” like hocked wedding bands. Gold is 20X more valueable than silver, but you can always “spend” a wedding band, and appear to be no more than some poor sap. Even if you owned 100s of them. Just an idea.
I found his Ferfal blog and will look through it.
Looks very good
Thanks for you take on spending gold and being to visible to thieves during chaos
I have to get some junk silver dimes and quarters but they won't do well during an deflationary chaos.
They will do great during an inflationary chaos
But you even like nickels and say coins will remain the same even if paper currencies get called in and new currency issued
During our Great Depression there was little chaos and paper money and coins were perfectly acceptable. The fact that we had a deflation made this much easier. Roosevelt revalued/confiscated gold and it went up about 33%. I'm pretty sure silver went down in the Great Depression