DiscoverGlobal Expat029 Why You Should Always Keep Cash, Gold, and Silver at Home
029 Why You Should Always Keep Cash, Gold, and Silver at Home

029 Why You Should Always Keep Cash, Gold, and Silver at Home

Update: 2025-06-02
Share

Description

029 Why You Should Always Keep Cash, Gold, and Silver at Home


Global Expatย 

๐Ÿ“น Book a video call by the minute using https://app.minnect.com/expert/MohamedAboshanab

๐Ÿ’ฌ Book a consultation: https://Cal.com/globalexpatย 

๐Ÿ“ฅ Join my Special Mailing listย 

https://globalexpat.substack.com

๐Ÿ‘ฅ Join our community on Localsย 

https://globalexpat.locals.com/

๐Ÿ’ป Join membership: https://www.buymeacoffee.com/globalexpatย 

๐ŸŒ Website: https://Global-Expat.com

๐Ÿ“ฑ Join my community on Telegram: https://t.me/GlobalExpatย 

๐Ÿ‘ฅ Join my Facebook group: https://www.facebook.com/groups/globalexpatofficialย 


๐Ÿ“ฒ Join my WhatsApp group: https://nas.io/Global-Expat


In a world dominated by online banking, digital wallets, and card payments, it may seem old-fashionedโ€”or even paranoidโ€”to keep physical assets like cash, gold, or silver at home. But history and recent global events prove otherwise.

Here's why every household should consider holding a small emergency reserve of cash, gold, and silver:

1. Bank Failures Are Real ๐ŸฆโŒ

You only need to look back at:

  • The 2008 global financial crisis

  • Cyprus in 2013, where citizens had savings confiscated

  • Lebanonโ€™s banking collapse in 2019

  • The recent collapses of major banks like SVB in 2023

Banks are businesses. And like any business, they can fail. When they do, your money can be locked, frozen, or even lost. Keeping a portion of your savings outside the system gives you a backup.

2. Power and Internet Outages ๐Ÿ”Œ๐ŸŒฉ๏ธ

What happens when there's:

  • A cyberattack on the financial system?

  • A power cut in your city?

  • Your banking app is temporarily offline?

Digital money is useless if you canโ€™t access it. Physical cash becomes king again, especially for emergencies like:

  • Buying fuel

  • Paying for food

  • Medical needs

  • Evacuations or emergencies

3. Inflation & Currency Devaluation ๐Ÿ“‰๐Ÿ”ฅ

Many countries are printing money excessively, leading to hyperinflation and devaluation:

  • Venezuela ๐Ÿ‡ป๐Ÿ‡ช

  • Zimbabwe ๐Ÿ‡ฟ๐Ÿ‡ผ

  • Argentina ๐Ÿ‡ฆ๐Ÿ‡ท

  • Turkey ๐Ÿ‡น๐Ÿ‡ท

  • Even developed economies are facing rising inflation.

Gold and silver have historically held their value for thousands of years. While paper currencies lose purchasing power, precious metals act as a long-term hedge.

4. Privacy and Autonomy ๐Ÿ”’๐Ÿ’ผ

Keeping everything digital means every transaction is:

  • Tracked

  • Recorded

  • Potentially taxed or frozen

In times of political unrest or financial repression, physical assets protect your privacy and autonomy. With cash and metals:

  • You are in control.

  • You donโ€™t rely on third parties.

  • You donโ€™t need permission to access your own money.

5. Liquidity in a Crisis ๐Ÿšจ

Imagine you urgently need to:

  • Pay someone who doesnโ€™t accept cards

  • Get out of town quickly

  • Help a family member in trouble

Cash, gold, and silver are instantly liquid. No need to wait for bank transfers, approvals, or internet access.

How Much Should You Keep?

  • Cash: Enough to cover 1โ€“3 months of basic expenses (stored securely).

  • Gold/Silver: Small, divisible amounts like coins or bars you can sell easily.

    • Gold is better for storing wealth in small space.

    • Silver is more practical for smaller daily transactions.

Important Tips ๐Ÿ“

  • Use a safe: Fireproof and hidden if possible.

  • Don't tell too many people: Discretion protects you.

  • Diversify locations: Donโ€™t put all your eggs in one basket.

Final Thoughts ๐Ÿง 

Keeping cash, gold, and silver at home isnโ€™t about fearโ€”itโ€™s about preparedness. Itโ€™s not a conspiracy; itโ€™s common sense. In a fragile financial system and uncertain world, self-reliance starts at home.

Being prepared isnโ€™t panic. Itโ€™s protection.

Want to learn how to build a legally tax-free lifestyle and protect your wealth globally?

๐Ÿ“ฉ Contact Global Expat
๐ŸŒ Your Future Is Tax-Freeโ„ข

#WealthProtection #Gold #Silver #Cash #FinancialFreedom #EconomicCrisis #OffGridFinance #PlanB #EmergencyPrep #GlobalExpat #DigitalNomad #SafeMoney #MohamedAboshanab #AlternativeInvesting



Commentsย 
In Channel
loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

029 Why You Should Always Keep Cash, Gold, and Silver at Home

029 Why You Should Always Keep Cash, Gold, and Silver at Home

Mohamed Aboshanab