RE:RE:RE:RE:India(na) Groans85% of the currency in circulation just got made contraband, in a country in which over 90% of the transactions are in cash. People are accepting a massive devaluation from hustlers on the street in order to convert their cash to smaller bills, since the banks long ago ran out of money. So I'm sure people in India could care less right now about your wonderful "protections of the banking system."
I've got physical too, but Goldmoney IS a physical product (deliverable if you want it) and is simple taxwise compared to just about any other investment asset you can name. And if the internet goes down for any length of time, having or not having gold will be the least of your concerns. (Although a bag of junk silver and a machine gun might come in handy.)
But I'm going to bow out now from this skirmish and await Grandpa B's comments, as he is the one I was addressing.