Indeed: If one lives in a city or depends on others for drinking water, that would be the first choice. A healthy man (word man is gender inclusive) can go a month or so without food, but will not last more than a few days without clean water. YMMV.
I would go to Las Vegas, visit a major casino that serves free drinks while you are playing, walk up to the nearest roulette table and put the entire amount on red or black. YMMV
All of the various securities above are in fiat-usd currency, now in hyper-drive to zero value by inflation. The stock market never changes in value, the assets simply change hands. It is not designed to make you money, it is designed to take your money. Check with Vanguard and Blackrock...
silver has long been good money. However, today it has a variety of industrial uses any of which can effect the price. Both the silver and gold markets are highly regulated (meaning corrupt) and it is banking-military-industrial influence that sets the spot price. The CTC allows gold and...
PS: your savings, investments, etc denominated in USD-fiat are wasting assets as well. Every USD-fiat ever printed has an expiration date on it written in invisible ink
You nailed it except for one thing: Physical gold and silver have no counter-party risk unlike real estate and banking related assets. Valuing most anything in USD fiat is like measuring length with a rubber yardstick.
You will be paying about double over spot, so for investment purposes under current conditions not a great investment. Maybe when gold hits $10,000 per ounce.....
Yes: By the time the hoi pilloi
hear of a great opportunity, the smart money has already drained the value, sold, and are down the road.
"De banking" is one possible alternative.
Land has a serious counter-party risk and can be taxed or legislated away. Gold, held privately outside the reach of the banking system has no counter-party risk. It also has a 6000 year history of being "good money".
Maybe we could have a theme song using paraphrasing some of buddy holly's music
Everyday, it's a-gettin' closer
Goin' faster than a roller coaster
A collapse like this will surely come my way
A-hey, a-hey, hey
Nic Carter is a well-known figure in the cryptocurrency community, and he doesn't buy that story and is convinced that the United States National Security Agency (NSA) is responsible for creating Bitcoin. He believes Bitcoin was written by NSA cryptographers as a monetary bioweapon...
I will repeat myself: At the current rate of inflation, unless you are grossing 15-18% per anum, after taxes on any paper investment, you are going backwards.