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[–] 24 points 7 months ago* (last edited 7 months ago) (2 children)

The difference is that for decades the flight to safety has been the US dollar in economic downturns. Now, people can't wait to dump the dollar; the flight to safety has been shifting to gold, silver, and even the Yuan.

When the bubble pops, it'll be be an economic fuckening we've likely not seen.

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  • [–] 3 points 7 months ago (1 child)

    Starting to wonder if it's worth turning some of my savings to regular ass gold.

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  • [–] 3 points 7 months ago

    You are most certainly not alone; I've seen skeptics say that it's doomsday-prep-crazy, but any statements like that are, in my opinion, denialism in this day in age. A regular savings account isn't a viable place to store absolutely all of your money, even since before the Trump admin started fucking things up. A diversified portfolio with safe investments after a certain point is the ideal way to handle it.

    Only difference now, is that what a "safe investment" has mutated into is something else now; not to mention how little people can afford to save money. Do what you can to take care of yourself with what you have man.

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