As a funny stroke of fate, your reply title reads “Echo5 is no j6p. A monster”. I love it, I’m starting to sound like a Bond supervillain.
I have to believe there is a safe harbor somewhere. Gates and Buffet have supposedly, by some reports, bought big into silver. Fiat currencies, thanks to globalization, will do the domino effect if the dollar really augers.
There is no true zero risk position. Metals held tangibly would seem to be the most secure.
Ultimately I could just invest in ammunition but that sounds too “Mad Max-ian” for me to swallow thus far.
Are there other options if I want to protect what little nestegg I have amassed (~$100K)? Zero growth is fine, my gut tells me to prepare for massive devaluation. In that case value protection becomes a growth position. Suggestions?
All things are relative. Positive growth can be increase of value or hovering in place while the floor drops out and sending everyone falling.
