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Gold? Work trucks? Ammo? WHAT???

--Sitting on cash is dumb. Buying stuff that will only go up in price makes more sense, if that stuff doesn't degrade/rust/oxidize/spoil etc.

Gold? Work trucks? Ammo? WHAT??? --Sitting on cash is dumb. Buying stuff that will only go up in price makes more sense, if that stuff doesn't degrade/rust/oxidize/spoil etc.

(post is archived)

[–] 2 pts

Shitcoin.

Actually sitting on cash might be profitable if there's a big selloff of assets like in March 2020, raising demand for cash. For example gold fell below $1500 then.

[–] 1 pt

That money wouldn't go from stock to cash. Since the Fed is actively debating the dollar, any cash holdings will be eaten away by inflation. I think you are more likely to see money rotate from stocks to PMs, and especially commodities. Just like in 2009.

[–] -1 pt

Fractional reserve banking makes the idea of cash scarcity a joke.