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If you were scared of hyperinflation, would you buy gold or TIPS/Ibonds?
If you thought we were headed for some hyperinflation circa 1970's, where would you stash your cash?
For those who don't know, TIPS are treasury inflation protected securities, and Ibonds are inflation adjusted government bonds. Basically they pay a base interest rate, plus the rate of inflation, based on the consumer price index. My thinking is the gold has the higher upside, especially if there's a panic, but it also has the risk of losing some value, especially if we don't in fact have hyperinflation. |
I'd shoot myself in the head because i'd be stupid. But that's just a theory.
Actually I'd spend it all on whores and booze because then there's no concern about the future power of my money! |
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Greenhaven Continuous Commodity Index Fund :2 cents:
Hyperinflation or not, people still have to eat. :2 cents: |
If you believe in hyperinflation, invest in commodities.
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Buy Yuan.
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Physical Gold & Silver. I wouldn't touch gold certificates, or any other paper promises...
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Gold is fine to gamble with, but I read so many posts from people believing it will protect them from whatever armageddon they're afraid of, and can't accept their reasoning. In a really chaotic scenario (and hyperinflation is chaos), who would trade anything for some soft yellow metal with few practical uses? It's archaic.
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Know your gold before you buy any. The gold business is not regulated and there are a ton of companies screwing new gold investors who don't know what gold is really worth. When it comes to value, don't take their word for it. Do your research.
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ammo and canned food
:2 cents: |
I'd say gold and other commodities. I guess equities are a decent bet although they don't usually hedge inflation.
As long as unemployment is high, we aren't going to see hyperinflation. |
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