CASH is Gold, Gold is Risky

I want to start out this article by stating that I do NOT give out financial advice. I like to publish facts and information that may not be popular elsewhere, and I may sometimes allude to what I am doing regarding finances. But there is no one-size-fits-all financial "truth" when it comes to managing one's own finances or investing, and you should be wary of those who promote such one-size-fits-all views, and see if they have any economic motive for their "advice". How you manage your finances and invest depends on a variety of factors, including what it is you want to accomplish, and sometimes it is better to ignore financial advice from "the experts", and use just plain old common sense. I start from a thoroughly "prepper" mindset, as I have since 1998 when I started prepping for Y2K, and my goals and financial principles have been more refined from a "prepper mindset" since 2020 and the COVID Scam. That means I am a financial pessimist, and believe that the entire system could collapse any day now, and I prepare accordingly. In the event of a loss of infrastructure, where either electricity or the Internet, or both, become unavailable, one must understand how the economy will operate under such dire circumstances, and we actually have an example of that right now, and it has been going on for a few weeks now in Western North Carolina. I personally know people from this area, and I have heard more than one of them report that during the days following the hurricane and their flooding rains that caused so much death and destruction, that local stores, such as gas stations, were ONLY accepting cash, and even there, only small bills (they would most likely not be able to exchange a 100 dollar bill, for example). So if they could not even give change for a $100 bill, then they most certainly would not be interested in, or have the ability to, give you change on a 1 ounce gold coin or bar either, since the going rate is now over $2700 for spot price. And that is assuming that those who are invested in Gold even have physical gold on hand that they can use, as the vast majority of people invested in Gold hold only "electronic gold", meaning that to access it and retrieve it, they need BOTH electricity, and the Internet.