[quote=CA renter]
The global currency devaluations are probably the #1 reason people are buying gold. It’s the only “currency” left that can’t be easily debased. Everything else (stocks, bonds, some commodities) are too risky as there is so much manipulation, so gold is really the only thing left.[/quote]
except where gold is bought using debt and where it is synthetic/piece of paper. how many really hold the gold in a safe? if things get bad, your synthetics wont matter. and if you hold gold you better be properly armed.
back to the question is cash dangerous. we dont know. hard assets will soften the blow if things are anywhere between where we are now and moderately bad. anything worse it will totally be uncharted territories. i really dont want to see that. scaredycat buy that property and stop worrying. there isnt a clear cut answer.
