CBDC will declare your cash assets, worthless
And they could do the same with gold.
A little of a lot of things is probably the best.
The real problem is the same ting my parents faced. They were doomed by the crash in 1929 but did not realize it until 1932. very day Dad’s customers would assure him that they were going to ......whatever...next month or in a couple of months.
It was 1932 before he realized that they were never going to live up to the statements.
We could be in the same situation right now, but we will not know for probably another year.
As for those who like cash, Dad was fond of saying that cash is not so important....until you don’t have any.
When he died he had enough to last another lifetime.
As for land. remember that land prices crashed in the great depression. Farmland in the South sold for less than $100 an acre. I have heard of as low as $10.00.
Those who got wealthy on land were able to buy after the price crashed and at anytime up until recently But right now it is probably just as sure a a thing as he next horse race.
And property taxes will be the very last thing to go down.
I have some of everything discussed here but I still worry that the crazies in DC will destroy the value of all of it.
Or maybe just enough of it that the rest is not enough.
The only way out of this mess is: TRUMP!!!
“The only way out of this mess is: TRUMP!!!”
Agreed!
I have about $20 in cash, a LOT in ammo, and so much more in the bank’s liquid brokerage acc’ts, so I’ll just have to what comes. Own no gold. I also don’t have a smartypants phone; just a 2018 4g Flip Phone, free from AT&T, so I’ll have to learn how to use one, someday.
Or not. At 73, I died 2x in York Hospital in 2017, with a lot of health problems, but now doing well, thankyouverymuch...