Yeah, but doesn't give you piece of mind that if there is a SHTF scenario?, that you are covered? I kind of view the precious metals part of the portfolio, like I view paying for insurance. A'int doing nothing for you until you need it.
Curency market plays have always scared the hell out of me, and I have avoided them. If I can't research it well enough, I don't touch it. Too many risks.
Less than they have done in the past. You can have all the metals you want as your alleged backup, they are a gun up your nose away from being worth zero. If you own them as your SHTF, you are not buying and selling them, if gold moves, let’s say +/- $100 from a $1200 base, you aren’t trading in and out of it opportunistically and if you are, probably not very well unless you are very adroit. I couldn’t be more neutral on metals, I have what I have, I am neither a buyer nor a seller. I sold a serious pile of my silver up at $38.50 (I should say, I tried to sell it for $44 and was able to get $38.50) and 1/3rd my gold at $1760. and am overjoyed that I did.