Gold and Silver are great PHYSICAL hedges.
They are worthless in paper/digital form.
It's always smart to have PM on hand in case something crazy happens like the Internet goes offline for a while.
Other than that PM is a bad investment, but a very good hedge for potential backsliding.
I actually think the derivatives market for PM is going to fail and the price of physical gold and silver will eventually spike up very high, but that's probably only going to happen once crypto fully disrupts the legacy markets.
I only do physical metals no paper. I’m with you, once they total fall on their faces and crypto blows up. Gold and silver are gonna fly.
Good as long as you are holding physical the derivatives markets should eventually fail when people realize that paper gold is just as worthless as paper currency. People are going to cash out their gold and realize... oops, all the gold is gone. Bank run on the gold/silver markets coming soon™ imo.
They won’t until it’s too late. No doubt