jp, same view on RE, which is: no place to park. I think it still has another 20% to drop by C/S. Only makes sense if you ‘work’ the neighborhood and find a deal…

Same view on PMs, which is that I wish I had allocated more towards G/S a couple of years ago. Nice profit over 5 years and hedged against currency failure.

Question on $-failure is whether it fails suddenly via geopolitical crisis or dies a slow death through quantitative easing. Either way, US cash is going to devalue.

If the rest of the world wasn’t failing too, denominating in a foreign currency would be the straightforward answer. I don’t know, perhaps Canadian? Lots of us asking same questions.