How much money are we talking? Personally, my "savings/retirement" is now all gold bullion plus a little silver (not much). I have a large amount of cash in Dollars that I want to keep liquid so that I can pounce on interesting investment opportunities that will present themselves in the coming years. Depressions are great times to make a fortune... if you have cash.
Get out of the Euro.
Get out of the Pound.
I will not be surprised if gold goes down this year. That said I will also not be surprised if it does a moonshot. If it goes down I will buy more. If it goes up I will buy more too. I hope it goes down this year...
Each month about 80% of what I net I keep in dollars and with the remaining 20% I buy gold. If gold declines in price significantly I will probably put a larger percentage of what I net each month in gold.
Eventually the Dollar is going to be devalued hugely. That is how the US national debt will be paid off. When that time comes it will be a great time to have credit and a bad time to have cash.
Most importantly I watch damn closely what goes on every day politically and economically because things could change very quickly depending on what various governments do.
That's my
