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    Currency Crisis Hedge / Use in Direct Commerce

    If you have concerns about bank freezes and the need to use bullion in commerce, there are some simple options available.

    You can buy small silver and gold coins, bars, or rounds and even breakable gold bars if you like.

    At $20 an ounce, a few ounces of silver would obviously a bit easier to buy say a week’s worth of groceries than it would be to do so with a 10 oz gold bar for example. That said, you can get gold in one gram bits rather easily these days so it is not as if silver is your only option for a currency crisis hedge.

    I do suggest however that by having bullion coins with legal tender face values allows you the option in the respective country of issuance to use said coins in private contracts for purchases or sales.

    The next article in our Beginners’ Guide to Buying Physical Bullion will discuss how to identify fake bullion.

    » Low Susceptibility to Counterfeit

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