As uncertainty about the stability of the global economy spreads and investors look for ways to diversify their assets, precious metals companies are looking for ways to cater to those who are seeking a safe haven in assets like gold and silver. Though often described as “the money of last resort,” one gripe from potential investors about owning gold is that it is costly, currently running around $1700 an ounce, and not feasible as an emergency exchange mechanism in the event of financial and economic catastrophe that may disrupt food supplies and the normal flow of commerce. The problem with one ounce gold coins, or even 1/10th of an ounce fractional coins, is that if you needed to buy a few loaves…
Article by SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You. Read entire story here.
