Physical gold is a common middle and upper middle class method of transferring internationally and protecting wealth. (Feel free to read that as tax evasion or

Physical gold is a common middle and upper middle class method of transferring internationally and protecting wealth. (Feel free to read that as tax evasion or money laundering - in these situations it’s often a matter of perspective) If you’re trying to do it with millions of dollars equivalent, it’s not great but functions. $100k+? Very common, and remarkably easy compared to other options. During times of great social upheaval and war, it’s often about the only option that works historically. It doesn’t really help the ultra wealthy as much, unless you’re talking nations during wartime type situations, due to physical logistics and security problems. And the poor can’t afford anything anyway, so this kind of thing isn’t exactly a problem for them.