During a deflationary cycle cash is king.
That's old school. Electronic enforcement of negative interest rates, will ensure that your "cash" deflates along with everything else.
1. Every withdraw becomes fractional, e.g. you only get 97%.
2. The Feds require every person's pay to be direct deposited.
3. Cash withdrawals are limited and at some point the Fed announces a currency change. Each family can only turn in X-amount of the old currency in exchange for X-amount of the new currency.
This has already been done, just not here yet.
And transacting physical gold/silver will once again be made illegal.
Copper might be a good bet.
Simple question. Cash windfall...pay off 28 year mortgage at 4.5 percent or keep cash?