Everyone has gotten used to intangible, convenient payment systems: credit and debit cards, PayPal/Venmo/Zelle/Apple Pay, etc., and wire transfers to name a few. But as we have recently seen in Canada, protestors and those that support their cause, lost all access to money held inside the system. Ultimately, that convenience has a cost. Additionally, these systems are dependent on a vulnerable Energy grid.
What happens to your ability to get the goods and services you need if you lose access to your money for any reason? Additionally, what happens when hyperinflation disincentivizes sellers of goods and services to part with their wares for government backed fiat money?
Money was originally created to enable society to specialize (banker, farmer, etc.) and no one person can satisfy all your own needs. Therefore, there is always the need to have the means to purchase and/or barter for needed goods and services.
Physical gold and silver are universally accepted stores of Wealth and should be the foundation of every barterable portfolio, in other words your absolute Step 1.
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As example, any skillset you have may be exchanged (bartered) for something you need if the person that has what you need, needs your skillset. For example, many urban farmers are very willing to share Food for a few hours of labor.
Additionally, anything physical is barterable. Interestingly, and as we saw in March 2020, toilet paper is a highly desirable tool of barter during crisis. Though again, this is highly dependent on individual needs.
When building a diversified Barterability portfolio, fractional silver and gold should form the foundation because they are universally accepted and therefore the easiest to barter with during times of crises. It also makes a lot of sense to develop skillsets and accumulate tangibles to barter with on top of your silver and gold portfolio.
