BullionCoins Advantages & Benefits During a Major Financial Meltdown
Now what are you going to do if it's the mother of all shutdowns that we're expecting to happen one day? As in locked for weeks or months?
What if a reset of the system is required that could take a year+ because of all the political haggling?
Yes, the price of gold & silver will sky rocket to obscene values during that time, but at some point you will, or should, recognise that the proverbial blood is flowing in the street and that the value of other 'real' assets are dirt dirt cheap!
The name of the game is always buy low sell high and to avoid emotion clinging of assets and be objective about the state of what's out there value wise.
It's during those times that you will want to transfer some of that fantastically high value you now have stored in your bullion, into a highly undervalued asset class.
That could include agricultural land, timber or an extremely undervalued and very profitable company that will be a virtually free cash machine for you when the system re-starts. You won't need to move much, just make sure you keep your eyes open for amazing opportunities in times of an international financial crisis.
This is where the advantages and benefits of BullionCoin really start to shine.
With money no longer moving, you will need to use a process that bypasses the banking system and that still acts as a currency for you to be able to continue to perform financial transactions.
Herein lies the critical function of BullionCoin and its ability to transfer title of your bullion to someone as a method of buying or selling other assets, or to simply pay for your shopping when the movement of fiat (USD, GBP, EUR etc.) has suspended.
BullionCoin is a digital currency that bypasses the entire banking system and allows investors to continue to freely trade amongst themselves.
The Ability to Create BullionCoins Without Cash
If the banks and markets have seized up and you don't have any more currency - what options are open to you?
For those prudent enough to already hold physical precious metals outside the banking system, you can transfer your existing bullion holdings directly into the BCX. Once added to the system you can then create BullionCoins with them and carry on with your normal everyday currency transactions.
Even 'stackers' should consider this as you can then avoid bartering or using whole coin units for goods - doing that will not be cost effective. By raising digital currency against a portion of your holding, you will then only spend just what you need to get by.