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One reason to have not only property, but more liquid assets such as gold and bitcoin. Both are globally recognized as valuable and will increase in value as go
by seibelj 7y ago
One reason to have not only property, but more liquid assets such as gold and bitcoin. Both are globally recognized as valuable and will increase in value as governments inflate their currencies. Putting 5% of your wealth split between gold and bitcoin may save you if total financial disaster occurs.
- ping_pong 7y agoIn a true deflationary environment, then only thing that is going to do well are US Treasuries. Gold and Bitcoin will plummet just like every other asset class because by definition, prices for assets will drop. Then people will try to sell things as quickly as possible, causing the prices to drop even faster.
- deleted 7y ago[deleted]