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2x your money isn’t much these days. I can do that in crypto and then some in 1 month.
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IMO gold had its chance in 2012. Miners should have held back on delivery until the phoney paper market of the LME and COMEX was smashed—Instead they played along like nice boys and girls and fucked the PM market for possibly several generations.
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The typical American, today, doesn’t have $500…but, after the coming depression, they have $2500 to shell out for an ounce of gold?
Price = ability to pay.
If Venezuela is an example… sugar, toilet paper and antibiotics are what you want to be “invested” in…
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nenner is a broken record. go to youtube and watch his videos. he looks crazy because he is crazy.
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“If you do your homework, everything actually looks like the economy is weakening.”
Really… try we’re in a recession already, maybe in a depression
95 million out of work force… How much worse does it need to get ???
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The USA has the reserve currency. Too many people have USDs (friend & foe alike) to allow hyperinflation to happen. Being that the majority of USDs are digital, hyperinflation won’t happen by accident short of WWIII. Stagflation is the name of the game, which is why that’s what we’ve been suffering for 30 years, and more prominently, 10 years. It keeps the status quo intact and the peasants scrambling. Luckily, guarding yourself against stagflation will keep you afloat in just about any environment.