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This is an extremely risky proposition, because under no circumstances will the Fed ever permit long term deflation. They will literally mail cash to individua
by cloakandswagger 10y ago
This is an extremely risky proposition, because under no circumstances will the Fed ever permit long term deflation.
They will literally mail cash to individual households or have cash giveaways before that happens. Or, more simply, they ask Congress to pass a law stating that all cash reserves over a certain amount are heavily taxed or confiscated entirely.
My suggestion:
10% notional gold
10% physical gold & silver
10% Bitcoin
40% equities
30% cash
- ianai 10y agoTrue and printing money is too easy a thing to bet against. We are truly in weird times.