Post
Topic
Board Economics
Re: Global Wave of Debt Is Largest, Fastest in 50 Years
by
chip1994
on 10/01/2020, 17:37:13 UTC
Gold is and always was hedge against bad things happening. If we are to experience a crisis, it will keep going up.

However I agree with one thing - hoarding gold is not gonna save your ass. It has no liquidity. How do you want to pay with it? If there is nobody to give you money for it, then it's useless to you at the end of the day.

Anyway, buying gold is still the best thing you can do. And buying real estate too.
That's a good idea but it's old, and that's the idea of the old people who didn't have bitcoin before. Now that things are different, we have a different kind of non-physical assets with limited supply. So buying Bitcoin will be quite reasonable when you live in a world of technology, gold will not make us as much profit as bitcoin. that's what I'm sure of because the price of bitcoin is more powerful now than Gold, like the Iranian rocket launch on the US base. Smiley