Dear Steemians,
This a very interesting insight by precious metals expert Mike Maloney who experienced hurricane Maria. In this video he interview someone who explain about the bartering processes after the devastation. Mike explains the importance of owning gold and silver in the midst of calamity and why digital currencies and even creditcards unfortunately where proven to be useless after hurricane Maria.
This is an advocacy for remembering the importance of owning gold and silver as an investment and maintaining purchasing power and spend a relative small percentage in cryptos. Mike Maloney is not against cryptos as you hear him say himself, he is stressing the balance between cryptos and precious metals. Taking his advice from the past years including in this video into consideration, our portfofio should consist for at least 80% of precious metals!
What do you think?