Why do you need to hold Gold and/or silver?
Ask someone living in the socialist paradise of Venezuela.
For 1oz Gold they can buy a house (2oz for a really nice house).
For 1oz silver they can buy 3 to 4 months’ worth of food.
The narrator sniggers as he imagines how many houses he and his fellow ‘stackers’ will be able to buy when the economy of their country collapses.
He is an oaf. An oaf who stacks Gold and silver, but an oaf nevertheless.
What sort of environment does he imagine that he will be living in? It certainly will not be one where it will be safe to be living in a nice house, or to be owning Gold or silver – or to be even eating regularly. He will need to hide all signs of wealth and curb his arrogance just to survive.
There is this article also, though it is written by someone almost as foolish as the person who put up the YouTube. He thinks that Venezuela has hyperinflation because the price of oil is low. That must be why the Saudis are starving in the streets.
Here is another view of socialist Venezuela. It may give an idea of the desperate nature of survival once fiat and society collapse.
It will be brutal and uncivilized, but it will be hard not to feel a sense of justice done when Maduro finally meets his Ceausescu moment.