First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/04/18/why-gold-is-a-must-have-during-a-banking-crisis-002725

There are many reasons to buy and hold physical gold. The lack of counterparty risk, the diversification, and the hedge against inflation are among the top reasons to own the monetary metals. The public is only in the early process of figuring out why gold ownership is an absolute MUST during a banking crisis.