davidb

Some paper currencies (promises to pay - recent 21st Century examples are Venezuelan and Zimbabwean ones) completely lose the confidence of people resulting in hyperinflation and negligible remaining residual value. Some have also disappeared via currency unions. Other leading paper currencies inflate away slowly, often over an average lifespan they lose much of their value in real terms as paper currency debasement is widespread.

Burying in the garden is an option to avoid risking losing the stack to a burglar or use multiple safes in the house including a dummy. If using the garden option, stack needs to be in waterproof container and the garden better not be overlooked.

I'm a stacker of PMs since 2013 and an investor in various PM mining shares.