numberwang on 18 June 2018
CuCabeludo said:
Have a portion of your assets out of the system, like investing in silver, gold or even cryptocurrencies. Precious metals are a true store of wealth. In 1913 when the FED was created, one ounce of gold was worth 20 dollars, now it's worth 1300 or so dollars. It just tells you how much the FED devalued the purchasing power of the US dollar in the past 100 years. |
Stocks are also a good option, gives you the power of production as a bonus compared to precious metals.
Paper money (fiat) has no long term storage purpose, only to be used for short term transaction.
