I agree that nothing beats physical bullion and ammunition for real wealth, but there may be something to be said for keeping a store of digital wealth in tact for as long as possible also.
My bank has an emergency plan. They mailed me a copy. So I figured I needed to incorporate a plan to keep them out of my life during an economic meltdown.
The plan is very simple. I fully intend to eliminate my mortgage with what is left of my IRA  on the day before doomsday (or thereabouts). My money will ride out the storm on metal based investments, hopefully holding value while my fixed rate mortgage devalues. The new metal and oil ETF s are going to provide a place of relative refuge for institutional investors in the near term future. I think GLD, OILB and probably the new SIL will attract a lot of capital in an inflationary emergency.
I am prepared for a quick change. My checking, savings, IRA and brokerage accounts are all linked online and available 24/7. My IRA is currently about 1/5th of my Mortgage and neither is very big IMO. I’m set up to liquidate my positions and pay off my mortgage very quickly, and I will the moment I can.
On most days I am chasing returns with on the TSX, but I am really only 30 seconds away from being in metals, Euros… whatever. I foresee a period of hyperinflation coming that will render the tax consequences of exercising such a plan to be insignificant.
Because I believe preparedness is a civic virtue, I plan is to settle all my financial entanglements digitally, just in case my bank survives doomsday. I am not wealthy and I think many middle class people who could arrange their lives in the same way. We may someday find ourselves in a Patriots -like ‘Shumeresque ‘ situation, but we will almost certainly find ourselves in a hyperinflationary recession as globalism grinds to a halt and energy shortages choke our economy.
Also, IMO, this little closed end fund is a great investment for those who can trade stocks in their IRA. It trades as CEF on the American Stock exchange. See: http://www.centralfund.com  The fund holds Gold and Silver Bullion and is subject to Canadian, not United States law! Check it out. Love your blog. Keep up the good work. – David A.