if you're buying it [partly] as a medium of exchange in crisis times make sure you get things that can be in useable denominations. A bar of gold is harder to prove real once you shave pieces off and the stamp is gone.
Hyperinflation is strictly a monetary phenomenon, so basically you don't want to be holding cash or loaning out money. You want physical stuff with value.
Buying things now also makes sense, even taking out a loan to do so. Something that costs $1k now, may cost $10k in a few years. But if you have a steady job you'll also be making more adjusted, so paying back that $1k will seem to you like paying back $100.
For your savings, stay away from bonds as these are loans and the bottom of them will fall out (again, since 1k is only worth $100 adjusted, you're on the losing end of that with bonds)
Valuable things you may want to invest in so you're not holding money in the bank: Guns and Ammo, Precious metals, Gas, Generator, Seeds, Greenhouse, Non perishable food, Water purification, maybe a motorbike.
Its also very valuable to be able to barter and trade with your community. You can do it now by fixing someone's deck for a case of beer, and just grow those relationships.
They key to surviving economic disasters is to have lots of options (diversify). This will allow you to weather the storm. When some stability returns you'll be able to use those options to take full advantage of the recovery by buying things up cheaply and/or starting new businesses.
Coins ARE easier to unload. That's also part of the reason you pay a premium for them. People who invest in gold tend to hold onto it as more of a long-term thing. You could check the prices of coins at bullion/gold dealers as well, but I wouldn't expect the prices to be a whole lot better.
I got mine from the bank. Had to order it online and go to the bank to pick it up
Mostly here:
https://theammosource.com/ammunition/
goldsilverbull.com
if you're buying it [partly] as a medium of exchange in crisis times make sure you get things that can be in useable denominations. A bar of gold is harder to prove real once you shave pieces off and the stamp is gone.
Kitco Metals in Montreal excellent company to deal with,
Here is their Canadian Maple Leaf silver page:
https://online.kitco.com/canadian-silver-maple-leaf-coins
Hyperinflation is strictly a monetary phenomenon, so basically you don't want to be holding cash or loaning out money. You want physical stuff with value.
Buying things now also makes sense, even taking out a loan to do so. Something that costs $1k now, may cost $10k in a few years. But if you have a steady job you'll also be making more adjusted, so paying back that $1k will seem to you like paying back $100.
For your savings, stay away from bonds as these are loans and the bottom of them will fall out (again, since 1k is only worth $100 adjusted, you're on the losing end of that with bonds)
Valuable things you may want to invest in so you're not holding money in the bank: Guns and Ammo, Precious metals, Gas, Generator, Seeds, Greenhouse, Non perishable food, Water purification, maybe a motorbike.
Its also very valuable to be able to barter and trade with your community. You can do it now by fixing someone's deck for a case of beer, and just grow those relationships.
They key to surviving economic disasters is to have lots of options (diversify). This will allow you to weather the storm. When some stability returns you'll be able to use those options to take full advantage of the recovery by buying things up cheaply and/or starting new businesses.
That's exactly it. The custom designs make it "collectible." If you're looking to buy physical gold, buy bars at a bullion dealer.
You want canadian, australian, UK, US, or South African mint bullion ideally. Pay a slight premium for its recognizability.
Coins ARE easier to unload. That's also part of the reason you pay a premium for them. People who invest in gold tend to hold onto it as more of a long-term thing. You could check the prices of coins at bullion/gold dealers as well, but I wouldn't expect the prices to be a whole lot better.