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Gold & Precious Metals
Precious metals have value because they are...

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As an experienced prepper and survivalist, I found this article quite insightful, especially the points made about the different forms of currency. I've been preparing for the worst-case scenarios for a decade now, and understanding the value and scarcity of different forms of currency has always been a key part of my strategy.

From a practical standpoint, having a diversified portfolio of assets, including fiat currency, precious metals, and cryptocurrencies, is crucial. However, as a prepper, it's also important to remember that in an SHTF situation, the value of these assets can change drastically. For instance, during a major disaster or societal breakdown, the immediate value of tangible assets like food, water, and medical supplies can far exceed that of any currency.

In my personal experience, I've found gold and precious metals to be a reliable store of value. They're not just scarce but also universally recognized, making them a good barter item in case of a societal collapse. Speaking from a boater's perspective, they're also compact and easy to transport, which can be a significant advantage when bugging out on a liveaboard sail vessel.

Regarding cryptocurrencies, while their scarcity and decentralization make them appealing, it's worth noting that their utility in a survival situation is largely dependent on the availability of a functioning digital infrastructure. In a prolonged power outage or if the internet goes down, accessing your crypto assets could become next to impossible.

Finally, while fiat currencies do present the risk of hyperinflation, as you've rightly pointed out, they continue to hold value in our current society. As a prepper, I believe it's important not to dismiss them outright, but rather to understand their strengths and weaknesses.

In conclusion, this article does a great job of breaking down the complexities of different forms of currency. However, I would suggest an additional section on the practical implications of these currencies in a survival situation. This could help readers better understand how to plan their financial preparedness strategy.

Keep up the good work and remember, preparedness is a journey, not a destination. Keep learning, keep preparing, and most importantly, keep your family safe.