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I am by no means financially illiterate but i genuinely don't know what do do to protect the money.

Stocks? Valuations are ridiculous. I already feel overleveraged in equities with 70% net worth in my mid 20's.

Bonds? Fed wants to raise rates by 2023

Land? Lmao good luck getting a fair buyers price.

Gold and silver? I have a stack already and am looking to diversify to keep the purchasing power to buy land out west.

Crypto? No thanks. I bought eth at 10$ and sold at $800. I swore i would never touch crypto again and make the issac newton investing mistake.

Any one have some secret jewish loophole I can stash my cash to protect against the nonsense? I'm literally sticking the money into a savings account getting like 15 basis points.

I am by no means financially illiterate but i genuinely don't know what do do to protect the money. Stocks? Valuations are ridiculous. I already feel overleveraged in equities with 70% net worth in my mid 20's. Bonds? Fed wants to raise rates by 2023 Land? Lmao good luck getting a fair buyers price. Gold and silver? I have a stack already and am looking to diversify to keep the purchasing power to buy land out west. Crypto? No thanks. I bought eth at 10$ and sold at $800. I swore i would never touch crypto again and make the issac newton investing mistake. Any one have some secret jewish loophole I can stash my cash to protect against the nonsense? I'm literally sticking the money into a savings account getting like 15 basis points.

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[–] • 0 pt

....and you’re going ro purchase food and water with your 1’s and 0’s, right? Best of luck.

[–] • 0 pt

Au and Ag are not 1s and 0s.

[–] • 0 pt

Yeah. You’re like me 15 years ago until I snapped out of it. The goldbugs got to you. In the societal meltdown scenario you’re describing, people will kill each other for loaves of bread. You’re going to present them with a piece of silver and they’re going to laugh at you and tell you to fuck off. I sold all of my gold and silver years ago. I felt like a nigger drug dealer hiding it all under my bed or in my walls like Scrooge McDuck. Safe deposit box is useless when there is a run on the banks. Having a safe in your house is also a a nigger solution. It just tells everyone you have wealth and that is where it is. Half the affordable safes can be opened in a minute or two and the really good ones cost like $2K or more and can still be drilled or dynamited open on site.

[–] • 0 pt

I'm under no illusion that metals will be useful during really bad times. But neither will most other assets. How would owning undeveloped land help you when there are no official records? Someone would just develop some other land without even buying it.

And yeah, safe deposit box is anything but, a safe is an easy target. What assets will you hold wealth in, that will weather a monetary system collapse? Gold has many thousands of years of history.