Years ago anyway, many accountants and financial planners recommended holding 5% of your net worth in PMs. I moved about 10% of mine into PMs 16 years back, and in hindsight it was a good financial decision – or has been so far anyway.
The US Dollar being the world’s reserve currency today creates demand for them which artificially increases their value. When the USD loses it’s reserve currency status those dollars will come flooding back to our country as other countries sell our dollar to buy whatever the new reserve currency is. An overabundance (supply) of US Dollars combined with less demand for them means their value will fall, that’s economics 101. From a historical perspective, the USD likely won’t remain as the reserve currency too much longer.

Whether or not there’s a change in reserve currencies in your lifetime is anyone’s guess, but if it does happen you’ll be thankful that you bought PMs.
Gold is the standard that fiat money is compared against, I think a lot of people don’t grasp that fact. The value of gold doesn’t change, it’s the value of paper / fiat money that does. If the Fed/Treasury doubled the dollar supply tonight, gold would instantly jump to twice the current price. That doesn’t mean gold is worth more, it just means each dollar is worth less. Gold (and silver) has had roughly the same purchasing power in terms of the goods/services it will buy as it has always had for thousands of years. Sure it varies some, but over the long term it averages out. Just using very recent modern times as an example, a loaf of bread in the early 1960’s was about .22 cents, or about 2 silver dimes. Those same two 90% silver dimes today have a value of about $2.40, which is still about a loaf of bread in today’s money.
As for moving PMs, a standard 20 coin tube of 1 oz Gold Eagles weighs about 1.4 pounds and will buy a little over $25,000 USDs today.

Not too bad in terms of weight and size, and a lot easier to carry than $25,000 worth of rice or ammo anyway. If that coin roll melts and rehardens into a golden blob in a house fire (unlikely), it’s still worth $25k in USD, minus a small assaying cost.
Statistics: Posted by Matte — Sun Jul 30, 2017 9:17 am