iShares Silver Trust (SLV)

[StockSniper00]

Even if you think hyperinflation will occur, it won't last for more than 18-24 months (historically speaking).

When hyperinflation occurs prices move towards infinite. When this happens business can no longer afford to produce goods because commodities are too expensive to buy. If businesses cannot positive cash flows they end up defaulting on debt. When default happens lenders stop lending and investors stop buying commercial paper and investing, thus reducing the amount of available credit and liquidity in the market. No credit liquidity is what causes deflation and the majority of recessions and depressions.

Therefore the best possible scenario for holding physical is being able to barter silver for food and shelter until the hyperinflation is over. Once hyperinflation is over, your physical metals will begin depreciation.

This is why you should not be holding 100% physical. You should realistically only hold enough physical silver and gold to survive for 1 year. If hyperinflation does not occur and we simply move into a deflationary cycle then you still lose value on physical.

The best strategy I believe in is to hold 10-20% of your wealth in physical gold and silver and just day or swing trade the change in dollar-metal ratios with ~30% of your cash. You can't put all of your eggs in one basket, no matter how for certain a trade appears, this is basic finance.