Time to hoard valuable old coins?

According to a UK newspaper the boss of a well known financial firm reckons that the last time things were this bad (in the 70s) he and his colleagues took to hoarding krugerrands

“Warming to his theme, Winterflood regales me with tales of hoarding food in the attic and burying krugerrands – solid gold coins – in his garden, so fearful was he that Britain’s financial centre was about to implode.

So it is chilling when Winterflood, chairman of the City dealing firm that bears his name, declares the current financial crisis the worst he has witnessed.”

Time to bury gold coins in the garden?