What goes up? - The number of bad debts. House repossessions, unemployment, asset disposal ( this could be why gold may not rise ), suicides.
If you have cash, then it may be a good time to pick up assets. For example, a house that is sold at auction,and needs some maintenance work could be a good buy. If you arrange a deal with a builder for the improvements to be a background job, then you should be able to get the price reduced. Of course, this means the job will take longer to complete, so you will have to consider possible loss of income if it is an investment.
yes I know one crypto that has been good this time even if it is all about bear market still they earn a lot. A professional traders has offer to trade in and now the coin continually grow in terms of its liquidity. Many are still holding because they know the worth of the coin to which now it has been allegedly raising up to 1000% from its ICO price.
There are millions of people who are trading and many are only investing, but against financial crises I think nothing can be better than trading for long there with crypto currency or to invest in bitcoin for long term, long ago I suffered financial crises because I was not having any job to earn, at that time I joined bounty but now I am trading and investing.