Orange Flash, IMO you should hold some silver ... after all a hundred pounds is compact and at least ensures you have something of value no matter what.
Indeed if the meltdown of the banks occur (or maybe I should say when) unless the government eliminates private ownership of stocks, you still will retain your ownership position in junior miners ... if they don't allow you to retain you shares, perhaps your house whatever else they confiscate as citizens role over and do what they are told (I don't believe it will go that far) that hundred pounds of silver will come in quite handy.
The real risk is hyper inflation which is indicative of a reduction of confidence in the value of that cash. Other assets will not be as effective as a medium of exchange as gold or silver ... perhaps rice and beans in that catyclismic environment ... but your ownership in stocks should retain value ... if you see the lemings are prepared to turn over personal/private ownership to state ownership ... forget gold silver etc ... get out ... go wherever you can it will allow those who still know how to work, still know how to live within their means etc a better way of life.
orgy