The dollar is going to die, so you keep 30% in cash as a remedy?
You can either continue to sit in front of your TV, and work your job, and drive to the supermarket, and check your stocks 10 times a day. Or you can put your energy into ensuring that either the system ends, or that you and yours stop depending on it.
Door number 1, you eat your kids futures.
Door number 2, you fight for their futures.
Thats all the doors there are. And theres precious little time left to make your choice
Fine art?
If you can't carry it with you (or at least shoot someone for trying to take it from you), you don't really own it. Will at art hedge fund really be safe when the dollar collapses? Hey, I own 1% of the Mona Lisa! And I want it mailed to me now.
I'm investing in wheelbarrows.
So insist on physical possession of gold but buy art thru a fund. Hmmm....
Tool steel, copper, brass, powder, gold, fuel, food, alcohol.
Guns and ammo
Perhaps this is all good advice but I think it is wise to maintain a perspective that fits the reality.
There is a huge difference between currency that is worth less and currency that is worthless.
2.Ammo to feed them
All else will fall into shape
This guy is so wrong I don’t where to start.
Land? Yeh farmland where you can grow something.
Cash? Uh no the dollar is dying.
Gold? Maybe some fractional coins but junk silver is better
Art? OK if you can eat it.
How about Food, ammo, medicine, booze, toilet paper and a water filter.
M4L
I've got 50 acres of this. A couple more years and I'm off to enjoy a busy retirement redirection and rejuvenation...
Someone has no ideal that art cannot be eaten and it can’t be loaded into a weapon. Also growing food on it is not very good because it’s not very big. Cash when a loaf of bread is 5 grand will not work. Please I can help you with your list.
1.Food
2.Farm land were you can grow some food and hide from the Gov.
3.Weapons and a shit load of ammo
4.Junk silver pre 1965 U.S. 90% coins.
5.Hand tools, TP, meds, booze, and a good BIBLE and learn to pray
I have found this website to be a very useful source of information on the economy, gold, and silver.
http://goldismoney.info/forums/
to paraphrase Will Rogers: Buy land. they ain’t making any more’
The rest is just extra.
Ping.
Gold. Silver. Brass and lead in the proper form factor. Something to throw the lead. End of list.
his advise is crap.
in a scenario where the dollar collapses, you would immediately lose 40% as the cash becomes worthless and fine art is no longer valued
another 20% would be potentially lost as land rights also disappear, unless you can defend it in the long haul (good luck). unless we’re talking about 500+ wooded acres in the middle nowhere where you’ve got a hidey hole with supplies, it’s pretty pointless
i’m not sure what ‘alternative funds’ would be... but if he means stocks, those would also be worthless and foreign currencies would be problematic.
gold, silver, lead, dry goods, weapons and various means to manufacture various things would be of value. a place to store them discretely and in an easily defendable location would also be required
the ability to make off-grid energy would also be of value