Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?
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Notes -
Yes, I own physical silver bullion in case of hyperinflation. This is extremely common behavior in my filter bubble, to the extent of physical silver dealers who will buy at the spot price and in bulk being located in my neighborhood- so in practice, bullion is a savings account with extra steps.
How much do I own? Much less than if I expected near-future hyperinflation.
Do you intend to acquire more silver bullion? What proportion of your holdings is in this form?
This conversation is partially inspired by a relative of mine, who is holding several thousands of dollars in the form of wads of cash, stashed behind a bureau in his house. I told him that I thought this may be the very worst method possible of storing one's wealth, and advised him to at least go buy some gold that he could hide more securely.
I have more wealth in stock than in bullion. I will probably acquire more now and again, but it’s not a main investment strategy.
The exception would be signs of genuine near term impending hyperinflation- in such a case I would buy a lot of silver bullion, because it’s easy to convert back into cash and anything is better than holding cash in that scenario.
Wads of cash is, agreed, not a good way to hold money.
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