Investment grade metal, mostly gold and
silver, that can be physically possessed, for use as an investment or currency that reduces counter-party risk and maintains value in inflationary, unstable economies. It is commonly held in coin and bar form in various weights at greater than
99% purity, although many forms of metal including older currency with varying percentages of silver content and even base metals in large quantity are considered phyzz. Phyzz specifically implies a differentiation from other
precious metals investments or ownership arrangements in that it is physically delivered and possessed by the owner, as opposed to
precious metals derived but nakedly-shorted, over-leveraged, and manipulated
paper investments. The word "phyzz" was created by SGS at silvergoldsilver.com.
"
Sorry Mr. IRS Special Agent, all my phyzz was lost in that tragic canoe
accident."
"Stack the phyzz to kill the giant evil vampire squid-like ponzi run by The Ben Bernanke, The Morgue and the CRIMEX among others."
"I asked my coworker what he was doing for the
superbowl and he said, 'buying phyzz'. I have no idea what that means."
"All your phyzz are belong to us, bitchez"
