It is really hard to know where to put your money - cash earns nothing and I am not confident in the market, although I have money in both.
Commodities? Metals Silver, Gold, etc, have done well for almost a decade.....
Uh oh...I bet I just started the raining of fire and flame....
It’s hard to know what to believe. You have to pick your position and stick with it for better or worse. I’m going to pay off the remainder of my mortgage. It makes sense to me based on what I believe.
Buy storable food and other commodities that will go up in price sharply if there is a panic.
Many ranchers are culling their herds as the price of grain and hay is rising. Now is the time to stock up on meat, chicken and fish, even buy a freezer if you have to store it all.
Something to consider are other items that might soar in price or even disappear from store shelves due to the high price of shipping (gasoline prices). Ammunition, liquor (if you don't have guns or don't drink you can trade it for something you need), matches, razor blades, most paper products like toilet paper and cleaning supplies.
I did something I thought I would never do: bought fake candles that operate on batteries, then bought a huge amount of batteries at Costco! And bought lots and lots of charcoal to use for cooking. All because I don't know if there will be rolling blackouts due to shortages in the future.