Our answer is very clear: ABSOLUTELY. Gold and silver reserves should be a part of any preparedness plan for affluent persons. However, as stated in our previous post, they should not take the place of other preparedness items such as food, water, shelter, medicines, and so on.
However, there is one big caveat. Your gold and silver reserves must be in a place where you can easily reach them if all hell breaks loose.
Yes, gold and silver are great hedges against hyperinflation. Gold and silver “shares” are also great hedges. But that is only because people believe they have value and will act accordingly. Also, they only have value in a functioning society with functioning markets.
A different situation emerges, however, if society breaks down. Gold certificates and gold shares will be worthless. Do you really think someone is going to redeem your gold shares and ship gold to you if they need it to buy food or medicine for themselves or their family? Probably not.
The same thing applies if your “gold reserves” are stored in a vault 1,500 miles away. Even if someone wanted to ship it to you, FedEx and UPS probably will not be running. It becomes theirs and not yours.
The bottom-line is that all preparedness items, whether food, water or gold, need to be provisioned in advance of a crisis and must be where you can easily get to them if you need to. If you can’t, they are worthless to you.
About AllSecure Global.
AllSecure Global provides custom emergency preparedness and lifestyle preservation solutions to high net worth families and high profile individuals worldwide to protect them against civil disturbances, terrorism, natural and man-made disasters, and societal instability/
AllSecure Global prepares its clients to survive in the event of terrorist attacks, natural disasters, pandemics, social unrest, economic collapse, chemical and biological attacks, infrastructure failure, power grid failure, nuclear/radiological incidents, and other crisis type events.
AllSecure Global’s offerings include customized preparedness services, evacuation services, college/exchange student preparation, expatriate services, safe house programs, executive services, yacht and jet preparation, and many other specialized services.
All of AllSecure Global’s offerings are “turn key” and all necessary equipment and supplies are provided. AllSecure Global provides its services worldwide. Its services are discrete and confidential and are designed to provide safety and security without drawing unwelcome attention.
More information can be found at www.allsecureglobal.com or by contacting Roy Edwards at 202-713-9350.
You can also visit our blog at www.WhyYouShouldWorry.com.
# # #
AllSecure Global provides custom turn-key emergency preparedness and lifestyle preservation solutions to high net worth families and high profile individuals worldwide to protect against terrorism, natural/manmade disasters, and economic/social crisis.