“I’d rather own 1/10oz Gold Eagles for that purpose.”
...that’s right!...small denominations of gold/silver in case the SHTF...
Gold and silver are good for two different things.
If you’re looking to preserve wealth, gold is the ticket.
Say you have a couple hundred thousand in an IRA that will be worthless if the SHTF. THAT you would convert to gold bullion or coins to preserve its value.
But, if you’re looking for “trade-able” metals, silver is the way to go. A 1 oz silver round is worth $20 today. That’s “trade-able” and usable in commerce. It’s still a “dense” store of value (value per weight/volume), denser than ammo, smokes, or booze,
but not as “dense” as gold, which you’d have to trade great quantities of barter items for just a little bit of it, making it unwieldy.