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re: Diversification Strategies for when Biden/Democrats cause Inflation?

Posted on 4/28/21 at 9:40 pm to
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10431 posts
Posted on 4/28/21 at 9:40 pm to
Young people aren't buying gold and silver.

Crypto is today's gold and silver.
Posted by MDB
Baton Rouge
Member since Nov 2019
3094 posts
Posted on 4/28/21 at 9:48 pm to
But what keeps crypto from eventually turning into the modern day dot.com bust?
Posted by Diamondawg
Mississippi
Member since Oct 2006
32357 posts
Posted on 4/29/21 at 7:07 am to
quote:

Crypto is today's gold and silver.


I see so many mixed reviews on this and can't wrap my head around a safe approach to this type investment as in, how to buy it, where to store it, etc., etc.
My hedge is land. I have been looking for land to lesson the cash on hand. Commodities seem to be inflation "protected" but not inflation proof. TIPS is a bit of enigma because it's tied to CPI which is a made up number but all of this crap is taking its toll on me. Work all my life, skimped all my life and these stupid sons a bitches want to destroy the country so they can rebuild it the way they think it should look.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
68226 posts
Posted on 5/1/21 at 11:48 am to
quote:

Crypto is today's gold and silver.


and is totally dependent on electricity and the internet being in operation

that is a HUUUUUUUUGGEEE risk.
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