Well, so can the cash in one's wallet, computers, cell phones etc. You can't deny yourself things just because you worry someone else wants them too or you'll have nothing to live your own life with. The main thing about physical precious metal coins is that they are accepted by anyone, even if paper money is rapidly devaluing. Not everyone accepts crypto yet. So it's definitely a "worse case" hedge in my book. You would buy silver derivatives and not take physical delivery at all if you were trying to do it as a significant portion of your portfolio, where the amounts would get up into the thousands or tens of of thousands.
Well, so can the cash in one's wallet, computers, cell phones etc. You can't deny yourself things just because you worry someone else wants them too or you'll have nothing to live your own life with. The main thing about physical precious metal coins is that they are accepted by anyone, even if paper money is rapidly devaluing. Not everyone accepts crypto yet. So it's definitely a "worse case" hedge in my book. You would buy silver derivatives and not take physical delivery at all if you were trying to do it as a significant portion of your portfolio, where the amounts would get up into the thousands or tens of of thousands.