Stocks are pieces of paper attached to ownership stakes in companies whose top and bottom lines can inflate right along with nominal price levels, so holding any bonds or cash in size appears to be suboptimal. As for gold, my point above stands ... if you're worried about the collapse of rule of law as to the enforcebility of property ow…
Stocks are pieces of paper attached to ownership stakes in companies whose top and bottom lines can inflate right along with nominal price levels, so holding any bonds or cash in size appears to be suboptimal. As for gold, my point above stands ... if you're worried about the collapse of rule of law as to the enforcebility of property ownership and dividend rights to said pieces of equity paper, then I'd suggest you re-watch the "Mad Max" movies. I'm afraid that we all have Walter Mitty fantasies as to how we'll be the only properly-prepared survivors of a financial apocalypse... but remember, if you're the "prepper" laying in gold, canned food, firewood, diesel, and other self-sufficiency items, you're only hoarding supplies for whoever ends up being the best-armed bully on the block ;-)
There are no guarantees. But better to know what's coming than pretend the wizards are going to sort it all out and save everyone. It may well come to warlords - of one kind or another
Nope, just a wild guess. Worries about monetary collapes tend to be inversely proportional to how much arable land the worrier tends to own. Meanwhile, all the farmers in the countryside wish they had a terraced house in greater London, a big stock portfolio ... and time to fret about central bank policies ;-)
Stocks are pieces of paper attached to ownership stakes in companies whose top and bottom lines can inflate right along with nominal price levels, so holding any bonds or cash in size appears to be suboptimal. As for gold, my point above stands ... if you're worried about the collapse of rule of law as to the enforcebility of property ownership and dividend rights to said pieces of equity paper, then I'd suggest you re-watch the "Mad Max" movies. I'm afraid that we all have Walter Mitty fantasies as to how we'll be the only properly-prepared survivors of a financial apocalypse... but remember, if you're the "prepper" laying in gold, canned food, firewood, diesel, and other self-sufficiency items, you're only hoarding supplies for whoever ends up being the best-armed bully on the block ;-)
There are no guarantees. But better to know what's coming than pretend the wizards are going to sort it all out and save everyone. It may well come to warlords - of one kind or another
Then sell that terraced house, sharpen up your skills at the local shooting range, and hunker down for the big one https://www.newyorker.com/magazine/2017/01/30/doomsday-prep-for-the-super-rich .
Have you been researching me ?-)
Nope, just a wild guess. Worries about monetary collapes tend to be inversely proportional to how much arable land the worrier tends to own. Meanwhile, all the farmers in the countryside wish they had a terraced house in greater London, a big stock portfolio ... and time to fret about central bank policies ;-)
Horses for courses, as ever