By a process of elimination I recommend to my friends and family an allocation of 20% xmr, 30% precious metals and/or cultural artifacts, 20% agricultural real estate (Chile being the top of my list), 10% long equities, 10% East Asia/Pacific bonds, and 10% strategic shorts (sovereign bonds, financial equities esp.) for long term money.
The BTC fork will imply substantial volatility, yes, but that will end soon enough. Underlying global systemic instabilities, however, will persist, compound, indeed explode, with much greater impact, albeit on a longer time-scale. I think speculation time is rapidly coming to a close. It is time for young and old, rich and poor alike to batten down the hatches and shelter from the coming multi-generational storm. Given the extreme dislocations of financial metrics from the norms of millennia past which now prevail, this one may be the single greatest world-historical financial event since the Industrial Revolution, or the Black Death. There will be winners and losers.
The BTC fork will imply substantial volatility, yes, but that will end soon enough. Underlying global systemic instabilities, however, will persist, compound, indeed explode, with much greater impact, albeit on a longer time-scale. I think speculation time is rapidly coming to a close. It is time for young and old, rich and poor alike to batten down the hatches and shelter from the coming multi-generational storm. Given the extreme dislocations of financial metrics from the norms of millennia past which now prevail, this one may be the single greatest world-historical financial event since the Industrial Revolution, or the Black Death. There will be winners and losers.
Great post. Do you mean direct ownership of (Chilean) farmland or are there ETFs you like for that?
My father is almost ready to retire and I want him to take a lump sum because I don't trust the solvency of his pension system any more than the Dallas PD's.
Considering this allocation for him:
20% gold bullion
20% silver bullion
16% safe jurisdiction PM miners
24% riskier jurisdiction/high dividend PM miners/royalty streamers
10% high dividend energy
5% Bitcoin
3% Monero
2% Litecoin
I guess you'd say 50% long equities is too much exposure to market counterparties/failures?
BTW, welcome back!
